Interested to Buy Any Domain ? << Click Here >> for more details...
what ate the difference between tds and income tax and
which form is used for deposit tds and income tax.give me
detail infromation about this question.
- 2 Answers
- 11715 Views
- Parryware, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / lgovindarao
TDS- Tax deducted at source. Which is collected and paid by
the company. which is collected by the company from the
service providers and paid to the department.
Income tax: it is tax on income earned by the Assesse in
the prevous year.
Challan for TDS-281
Advance tax -280
| Is This Answer Correct ? | 18 Yes | 2 No |
Answer / evanjalin
TDS is tax deducted at source. The reason behind this is to
safeguard the interest on Income tax department and
increase revenue to government instead waiting till the end
of the assessment year. Income tax is the tax charged on
the income earned in a financial year from Apr to March -
12 months according to the slab rate applicable for that
financial year
| Is This Answer Correct ? | 5 Yes | 2 No |
we trf goods to our consignment against 'F' form in meerut and he returned some goods back to us plz. tell me should we have to issue a F form to them
we are Rising contractors(Propritorship concern) and register with "mining of minerals" service. we rise the bills to mine owner (we do not add the service tax in bills) monthly. can we eligable for paid to service tax.
What is Sale in Transit Transaction and what are the forms issued and get form parties ?
what about WCT (Work Contract Tax)
WHAT IS THE RATE APPLICABLE WHEN INTER STATE PURCHASE FOR SAMPLE SALE? C FORM ISSUE OR NOT IN PURCHASE TRANSACTION?
Can the proforma/format of C Form (Sales Tax Form for interstate)be seen on any web site? What declaration is exactly made by the purchaser in that form?
i am a hosewife having a property,given on rent to a company which gives a rent of @10600 per month. the total come 126000. the company wants to deduct tds. as my income is less than 160000.i want to know the type of form required to produce to the company to avoid deduction of TDS.
subscription charges paid to foreign firm, whether TDS is applicable or not? Because amount is huge
please explain me in brifly how to file monthly TDS challan for a company? e.g. if i deduct tds from all various bills of contractor in a month so this all total tds amount credit towards tds account?
1 Answers Overnite Express, Spectrum Engineers,
i am newly started cement distribuition company how to maintain salex tax account in tally tnvat format recently its changed @14.5% pease any one post this answer
What is difference between an Insurance and a general Insurance????
TDS Reimbursment? Iam 2 tipper owned small transporter and TDS diduct in my transport bills. can any body tell me how can i reimburse my TDS and what are the procedure for reimbursment and what are forms, papers to be required, tell me please.
Audit 
