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what is the difference between tcs and tds explaine?
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Answer Posted / bharathi
TCS is tax collection at source,while we selling some
products like arrack,scraps etc.. the seller has to collect
1% tax from the buyer.TDS tax deduction at source,while
making payment the we have to deduct certain percentage of
tax (% depends on the nature of payment)
| Is This Answer Correct ? | 15 Yes | 4 No |
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