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what is the differnce between income tax and tax deducted at
source?

Answers were Sorted based on User's Feedback



what is the differnce between income tax and tax deducted at source?..

Answer / tapan kumar roy

INCOME TAX WHICH WILL PAY AGAINST YOUR INCOME i,e INCOME---TAX.INCOME TAX DEPOSITED AGAINST YOUR PAN NO.
TDS TAX DEDUCTED AT SOURCE WHICH IS ANYONE EARNED FROM YOU AND YOU WILL DEDUCTED A PERCENTAGE FROM HIS INCOME AND THE AMOUNT WILL DEPOSITED AGAINST HIS PAN NO.

Is This Answer Correct ?    7 Yes 0 No

what is the differnce between income tax and tax deducted at source?..

Answer / manikanta r

Income Tax is Which a assesse will pay over at the end of the financial year for over all income earned by him during the previous year

Tax deducted at source is a tax levied on your income, the payer will deduct the Tax before paying to the receiver and the same will be paid to the Govt behalf of the receiver

Is This Answer Correct ?    1 Yes 0 No

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