What is the difference between TDS and TCS?
Answer Posted / a.naveen
tds means tax deducute some amount from the employee to company
tcs means tax collected from buyer to seller
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what is works contract tax? if a contractor made a bill as repairs to machinary 00000000/- service tax 12.36% on 40% on basic value Vat 5% on 60% of the basic value of the bill amount how can i deduct works contract tax? please suggest me?
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