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What is the difference between TDS and TCS?
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Answer Posted / ravi
TDS is the tax deducted at source tax will be deducted from
the employees salary and employer will pay on behalf of
employee hence it is an expense
Tcs is the tax collected at source the meaning of this
is tax is collected from the party &paid it may be possible
in services
| Is This Answer Correct ? | 164 Yes | 47 No |
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