ANY differenece between income tax and tds
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Answer Posted / madhukar
income tax is the tax which is on our income imposed by govt
after the budget, income tax rates are different for men/
women/ huf sinior citizens etc.no procedure if we not
provide pan no. AND Tds means tax deduction at source it is
not a part of income tax because we can claim it.if party
does not provide pan no deductor can deduct direct 20% on
bill amt
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