ANY differenece between income tax and tds
Answers were Sorted based on User's Feedback
Answer / 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 |
Answer / r. d. sharma
service tax charges 10.30 % to 12.36 from 01.04.2012 onwards
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / ak.com57
incom tax means pay the amont
tds means amont detect source
| Is This Answer Correct ? | 9 Yes | 6 No |
Answer / madhukar
income tax is the tax which is on our income imposed by govt
after the budget, income tax rates are different for men/
women/ huf sinior citizens etc.no procedure if we not
provide pan no. AND Tds means tax deduction at source it is
not a part of income tax because we can claim it.if party
does not provide pan no deductor can deduct direct 20% on
bill amt
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / sandeep joshi
income is used for all person , company, & t.d.s is made for
salary income , repairing exp. and other as per slab.
| Is This Answer Correct ? | 2 Yes | 1 No |
Answer / jaganath
income tax is a tax on your income whether company, individual and others. tds a deduction against payment like contractor,rent and other payments
| Is This Answer Correct ? | 1 Yes | 0 No |
my manufacture company established in Excise exempted Area. and we pay freight to transpoter.& also deduct service tax.what will be the entry of this transaction. can i adjust this service tax payable from input service tax of telephone bill.
What is deferred tax?
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