What is the full form of TDS & TCS
Answer Posted / syed khursheed ahmad
TDS - Tax Deducted at Source
TCS - Tax Collected at Source
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I am an employee in a IT Company. While filling out the form it prompts to fill - Details of Tax deducted at source from Salary (as per form16) and then it again prompts to fill - Details of Advance tax and Self Assessment Tax. if i fill both the columns, i get end result as 2 times of Tax i paid and a refund.
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