Interested to Buy Any Domain ? << Click Here >> for more details...
What is the difference between TDS and TCS?
- 24 Answers
- 124995 Views
- Godrej, SSK, TCS, I also Faced
- E-Mail Answers
Answer Posted / rajesh kumar soni
TDS is the mode of collecting income tax.It's full form is
Tax Deducted at Sourse. The employer/Payer or deductor
deducts the tax from the payments which is made for
employee/Payee or deductee and deposited it in the
authroised banks or treasury, which is authorised by income
tax departments.
TCS is also the mode of collecting income tax. It's full
form is Tax collected at source. In this the payer or
collector collects tax on the time of payments and
deposited it in the authorised banks or treasury, which is
authorised by income tax departments.
| Is This Answer Correct ? | 122 Yes | 29 No |
Post New Answer View All Answers
the TDS rates and Income rates are equal in calculation of the salary and please send the IT slab rates for the employees and comapnies.
HOW TO FILL UP WEST BENGAL VAT FORM 14. NOT TECHNICALLY I AM AWARE ABOUT THEIR MANUAL. BUT I WANT TO KNOW POINT BY POINT.
treatment of Service tax and TDS
we have paid excess tds amount in 194I 27000/- for f.y.2017-18 now can we adjust the same in upcoming month 2018-19?
What's format of CMO & CMA Data?
What is the commitment to the bankers against L/C ? They need any colletral Security or any deposit ? What is terms & conditions of L/c?
when charges PURCHASE @ 12 % TAX RATE ?
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 ?
wct amount deducted by main company .that amount will be returned Subcontractor?If yes,how process is given me.
Making delivery challan is possiable between two branch of difference code
Why TDS is not deducted on JSTF Contribution of Hinjewadi Industries Association?
if a person is investing rs.100 per month for 11 months of a year,how much ammount of annuity he will be paid at the end of year?
For what Purpose we should pay Profession Tax? After paying Profession Tax we can get benefit for personnel return filling? If Yes? than where?
Deferred taxation is a part of which equity?
how to pass service tax reverse charge entry pass in books
