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What is the difference between Advance Tax and TDS?
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Answer Posted / shilpa khanderao
1)Advance tax in tax liability of company, Advance tax pays
on companies profit. The company who laible to pay tax has
to pay this tax in advance in the beginning of the
financial year.
2) Every Companies paying Tds on behalf of other company,
after completion of financial year company issue form 16A
to parties.
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