What is the difference between Advance Tax and TDS?
Answer Posted / vedhavyas g kotekar
Advance Tax is the Tax which Company makes the payment on
the basic of Estimated profit this is compulsory to made
the payment September, December and March 08.
But TDS - Tax Deducted at Source, this is deducted from
service render to the company i.e, Labour Bill,
Professional Bills and Salary of Employees this payment has
to made on as and when deducted e.g, if we deducted from
Rs. 1050/- TDS from XYZ on September 2008 this payment as
to made on or before 05th October 2008
| Is This Answer Correct ? | 4 Yes | 6 No |
Post New Answer View All Answers
What is the current vat amount of aluminium goods like dishes, buckets etc hsn code is 7615-19
Rules for filling Income Tax return for a MNC?
please share fy 2017-18 salary tds auto matic excel utility
please tell me friends what are the formats of excise return and vat return?
Any body tell me about VAT (Karnataka)shortly because, iam reading vat book but iam not able to understand that. if any body tell me shortly about karnataka vat, retursn, tax collectng, tax payment, CENVAT utilizing etc. pleseeeeee
WHAT IS TDS?SHOULD WE FILE TDS TO PURCHASE A THING .SHOULD WE PAY BOTH TDS &TCS FOR THE SAME THING
what is the difference between vat 100 and vat 120?
We had paid TDS against rent in assessment year 2009-2010. But by mistake one of the pan no of the landlord was wrongly entered. Now the demand has been raised. Please advise how to correct the situation.
CERTAIN LIST OF EXPENSES ARE MENTIONED IN SECTION 35D regarding amortisation of such expenses........not included in the list are expenses like administrative expenses,consultancy fees etc...if these expenses are of revenue nature then well and good enough, problem taken care of.If it is not of revenue nature nor is it included in the list, how do u treat such expenses. Do u capitalise them by way of fixed assets or sunk costs or what do u do? any case laws that talk about expenses not mentioned in the section?
what do u meant by investment banking
if am registered dealer & i am using road permit, i have to pay entry tax, which goods, I am receving in jammu
tds will be charged by hotel industry on what
What is supporting documents enclosed & must be required to Submit of quarterly & Yearly Sale Tax Return (Haryana)
How to make a bill of software sale with service tax?
in case of vehicle hired for staff pick up & drop for 1 month or 1 year, TDS is applicable ? if yes then which code is mention in challan & which rate is applicable ? in case of vehicle orner is personal or company which rate applicatble ?