What is Withholding Tax and Extended with holding TAx?
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Answer Posted / sudhakar
Classic Withholding Tax vs Extended Withholding Tax
• CWT : only for payment.
• EWT : payment and invoices
• CWT : Only for vendors
• EWT : for vendors and customers also.
• CWT : only one tax component (like TDS )
• EWT : N no of tax component (like TDS + Surcharge + Ecess + H Ecess)
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