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 diffarant tds and incometex.

Answer Posted / pravin

TDS is has been paid for the servies what we provide to the
other party & Income tax has been paid for the income what
we earn. But simlarly TDS is the part of Income tax, i.e.
If a person prvide servies to a company, at end of the
financial year that company gives him a TDS certificate for
the payment what they made to him for his services. Since
that person has only that business, while filing his income
tax (Income what he earned from the business), he will also
submite his TDS certificate to avail the tax benifit.
Because the tax has been already deducted from his income.

Is This Answer Correct ?    4 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

genpact uk based shift timings? and R2R job profile?

2210


What problems might be encountered if there were no accounting standards?

2931


Distinguish between sale and consignment

1931


What is T+2 rolli g settlement cycle?

2426


let me know the meaning and Nature of cash

1995


let me know the minimum Accounting Heads in an accounting system

4610


selling price = shs. 200, variable overhead-selling per unit= shs 80, variable production cost per unit = shs 60, fixed selling cost = 2,840,000. the production capacity of the project is 200,000 units. required P/V ratio, BEP and margin of safety

1973


How do you set the increment point in appraisal of salaries. It becomes so difficult for the employer to hear again and again about increment

2115


AT THE TIME OF REDEMPTION OF DEBENTURES. WHEN THERE IS PROFIT/LOSS ON SALE OF DEBENTURES WE TRANSFER THAT AMOUNT IN PROFIT AND LOSS A/C BUT WHEN WE CANCEL OUR DEBENTURES AFTER BUYING IT FROM OPEN MARKET THE DIFFERENCE BETWEEN MARKET VALUE AND COST OF DEBENTURES TRANSFER TO "CAPITAL RESERVE ACCOUNT .. WHY SO ANY PRACTICAL ANSWER ??

2113


Plz Give the Inventry Accounting Procedure 1.Domestic Purchases ( VAT,CST,& Excise) 2.Import Purchases ( Direct Expences & Excise ) 3.When Will the Price Diffrence Entry Happen? 4.Cash Discount & Trade Discount On Purchases? 5.Domestic Sales ( VAT,CST,& Excise) 6.Export Sales ( Customes ,Excise ) 7.Cash Discount & Trade Discount On Sales?

3228


Give me the asset revaluation (at the time of asset value increase & decrease) journal entrys?

2110


whts is the meaning of over cost and under cost, what is difference ?

11857


Hi guys, If anyone have gone through the CAPITAL IQ-Junior Research Associate interview then plz let me know about its pattern..and if anyone hav its placement papers or any other information then plz post to me at arshadbasha_mba@rediffmail.com

2827


What is fixed liabilities

1932


distinguish between price rate and time rate?

2036