What is the difference between TDS and TCS?
- 24 Answers
- 118631 Views
- Godrej, SSK, TCS, I also Faced
- E-Mail Answers
Answer Posted / anish tigga
TDS: The tax deduction at source means that the person responsible for making payment of certain income to the income earner deduct income tax at the prescribed rates on such income before payment is made to them.The amt of tax collected is paid to government treasury.
TCS: it is tax collection at source
| Is This Answer Correct ? | 71 Yes | 30 No |
Post New Answer View All Answers
How do I get a C form with the bank Guarantee?
Sir My, Que. We recived hotel housing & bording charges so i have dedu. tds when section
due date for issue of C form, if c form is not issue what will be the consequences
What is the rate of Excise duty for all goods Is der any Difference in rate of exice duty for Chemicals And Fabric
WHAT IS DEFERRED TAX LIABILITIES.AND WITH EXMPLE DEFERRED TAX ACCOUNTING?
CASH SALE OF Rs. 10000/- WITH TAX. THEN WHAT SHOULD BE THE ENTRY BEHIND THIS IN BOTH SIDE SALES AND TAXATION.
I plan to buy a new flat in Hyderabad which has never been registered before. Area of the flat is 1115 Sq. ft. I intend to know the following things.1.) what should be the amount of registration?.2.) Is there any VAT. If there is VAT what is the percentage?.3.) Is there any service tax. If so, what should be the percentage? as per F.Y 12-13 rule
calculation of Tds on subcontractor
I AM A/C'S MANAGER IN CONSTRUCTION CO.WE TAKE TRANSIT MIXTURE ON RENT BASE FROM OUTSIDER.THE SUPPLIER CHARGE VAT ON THAT MACHINERY @ 15%,IS IT TRUE? IF YES PL.SAY ME WHICH SECTION APPLY UNDER THIS LAW OR NOTIFICATION OR CIRCULER FROM COMMERCIAL TAX DEPATMENT.
please tel me Karnataka vat,sale tax deposit from and return from
hi how can we know and how to caulata pf. caucaltion of diffrent copany how much rate of pf deducted by company which is the best site to know our pf information
what is excise return, what is form requirement and what is procedure for excise return?
What are the Treatment & Implications in interstate sales transactions if party is unregistered dealer & having Exemption Certificate or exempted.
Hi,when we pass a clearing entry of paid and unpaid tax how do we show the business area the way the business area can be seen.is there any change that i have to do in the configuration of this GL.my client wants that the business area also reflects when we post the gl.please help.
Service tax applicable or not for Govt Guest House contract work.
