Answer / debasish podder

Income Tax follows 1961 Income Tax Act, TDS i.e., tax
deducted at source is a main tool of income tax. It
consists varieties section which's been written in IT Act.

Answer / sachin pathak

income tax is wider term means it is an act 1961 under the
central board of direct tax act & the tds( tax deducted at
source) is a tax which paid by an employees from his
salary to the employer & the employer will deposite the
amount of tax ( tds) to the income tax department

Answer / saikat

Income tax is statutory payment against Income chargable by
income tax act 1961 by an assessee. TDS is a deduction from
his income at a specific rate as per rule of income tax act
and this deduction will be adjust from the actual tax
payable by the assessee against incmme at the time of
filling of return. Likely to say that TDS likea provision.
If the tds is greater than tax then balance will be
recoverable and vice versa.

Answer / dinesh

sharma ji, too many question?

kindly read any +1, or +2 accounting book. or any general
accounting book.

what is the purpose of preparing Bank reconciliation ?

3 Answers   ABC, CAFS,

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. Expenses a/c. Dr. To vendor a/c. Cr. What is an impact of this transaction on business

2 Answers   Genpact,

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What is the three golden rules in Accounts ?

7 Answers   Genpact,

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any example should cover all three types of account in one entry

1 Answers   IVRCL, RPG,

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Pls let me know Job profile for Account Manager.

0 Answers  

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Purchased good from Sreenivasan company for personal use Rs.50000 What is journal entry

2 Answers  

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we are a trading company providing devices and some times after sales service. when any defect came we just replace the hardware from another defective device and getting the payment from the customer. how can we account that? is there any tax implications for this?

1 Answers  

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what is trial balance.?

4 Answers  

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I have 4 four category of emplies say Admn/Markting/Procurment/Production and the employees of thee category have there bank accounts in 5 or six different banks. How can i generate Payroll advice for the employees having account in A Or B OR C Or D falling under above category

0 Answers  

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how can i improve my accounting. i want to know make balance sheet so how can i do ?

1 Answers  

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withdrew cash for domestic use ?

1 Answers  

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how to applicable esi what is the rate of percentage i am getting Rs. 15000/- gross salary and how much amount will deduct esi from my salary

3 Answers  

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