Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

What is the difference between a TDS and an income tax?

Answer Posted / shamli

TDS-
TDS is Tax deduction sourse it is deduct from vendor & it
is a Expenses of company.TDS will be refund after 2 years.

Income Tax -
Income tax deduct from emplyee & employer Income.income tax
not refund.

Is This Answer Correct ?    6 Yes 7 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

if i am running a tank lorry and the income of the tank lorry comes under haryana VAT 2003?

1524


should we can take modvat benefit any time or they have some limit time to take input benefit claim?

2561


What extra accounts and legal formalities are maintened In excise firm other then normal saling firm.? also tell me tax aspect in Excise firm?

1963


From Karnataka,while sending material out, which are all the states required Form 38?

2135


What's format of CMO & CMA Data?

2673


How to show reject material in ER1

1711


WHAT IS CORPORATE TAX ?

2278


if waybill issued by consignor , then c form issue whose responsibility?

1481


sub hadding no. scrap & Wastage in corrugated box

2170


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.

2150


1. Why some companies are not deducting the TDS or WCT on their clients Invoice.,? 2. How companies are getting exemption from Deduction TDS or WCT. ?. 3. What are the procedure for not to deduct the TDS or WCT on client invoice while making payment for their Invoice.?.

2677


Cenvat credit transaction journal entries. And what does the term reversal of credit means

1563


Please some one tell me what is the VAT or WCT rate for works contract at Tripura

2523


Dear sir, mu question is that can one lunch (Tiffin) provider person mention both vat or service tax on his bill. pls. give me answer. EXPLAIN BRIEFLY.

3160


If we issue a new sale invoice after issuing a Credit Note to the coustomer, for the previously issued sale invoice on which Central Sales Tax @2% was Paid previously,whether we will be liable to pay for charging the sales tax on new invoice and pay to the sales tax department.

2244