← Glossary

What is TDS?

Tax Deducted at Source

Definition

Tax deducted by the payer at the time of certain payments and remitted to the government.

In depth

TDS spreads tax collection across the year. EazyCXM’s accounting records capture deductions against the relevant transactions.

Quotes & Finance
Related terms

More on Quotes & Finance

CPQ

Software that helps sales teams configure products, apply correct pricing and generate accurate quotes quickly.

Quotation

A formal document offering products or services at stated prices and terms.

Sales Order

A confirmed customer order that authorises fulfilment and billing.

Invoice

A document requesting payment for goods or services delivered, with tax and totals.

TDS, made practical

EazyCXM puts concepts like this to work across your business — see it on a demo.

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