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The TDS Master is useful in automatic TDS Calculation by the system. Once TDS Master is created and approved by the approver the same can be linked/mapped to a product or service from the “Product Master”. 

TDS means Tax Deduction at Source. The “TDS Master” contained the following information: The TDS rate as applicable under the Income Tax Section, amount limit to deduct TDS (Per Invoice and Annual limit) and type of person category (Company, Individual etc).