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Answer Posted / naina jain
TCS means Tax Collection Source that have to collect from
others who have deducted the tds.
Rates of TDS & TCS are same.
There are different categoric like
sub-contractor,contractor,rental, professional,
consultant...etc for each category rates are different.Rates
are divided category wise for both tds & tcs.
| Is This Answer Correct ? | 85 Yes | 108 No |
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