ANY differenece between income tax and tds

Answer Posted / gulzar singh ( gulzar.thpl@gma

TDS is part of income Tax. TDS is advace payment of incone
Tax.

Is This Answer Correct ?    11 Yes 3 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

hi,when i am posting an entry on service tax it is not showing the business area.please guide me how to configure the business area so that the entry also shows the business area.please help as i need to configure it.

1692


as we are having are unit in a area where excise duty is not applicable and on my purchase i am paying excise duty can i take refund of the duty paid by me and what was is procedure? plz. replay to my on my id ngaggarwal@yahoo.com

1546


when wct@8.75% is charged from the vendor. How much TDS has to be deducted against it??

2269


IF MATERIAL TRFD. TO OTHER STATE BRANCH AS STOCK TRFD. IN FEBRUARY AND MATERIAL IS RECEIVED BY BRANCH IN THE M/O MARCH. THAN SHOULD WE ISUE A SEPARATE F FORM FOR THE M/O FEBRUARY AND MARCH

3657


how to caluclate the mumbai tax with example? what is mean by credit and debit ?

1455






Deferred taxation is a part of which equity?

709


What are the excise duties in our state?

2049


calculation of Tds on subcontractor

1887


How calculate Rent income exemptions from taxable income under income tax act.isnn't 30% of total income???? plz explain with example?

1525


how to calculate and submit to the concerned authority of pf,esi,pt. explaine?

2196


Excise duty applicable for Handmade Production?

2862


Central purchase is eligible for issuance of H form. Whetther H form can be issued against local purcahse also? What I came to know is : earlier H form can be issued against central purchase only, but after intoduction of VAT, department issued notification regarding issuance of H form against LOCAL PURCHASE also. Is it true? If true then please tell me about notification/ circular/ relevant section or law. Please look into the matter. Thanx n Regards

1629


if i have a educational loan on my name, can i show for tax exemption on current year income tax? Is it applicable for tax exemption (educational loan)

1727


Apply for TDS certificate in bank for rent purpose is wrongly entry as 94C instead of 94I. Is any problem?

1385


what is procedure to get c form? what is procees to get vat /tin no

1940