Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

What is the difference between TDS and TCS?

Answer Posted / raj

TDS means tax deducted at source in which tax is deucted on
that amount that company's pays from its profit and it is
shown getting submitted IT return
TCS means tax collected at source inwhich tax is collected
from the various sources for paying tax from there services
has been provided

Is This Answer Correct ?    78 Yes 42 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Provision entry for current Year Income Tax A/c ----Dr To Income Tax Payable A/c Adjustment entry in next Year Income tax payable---Dr To bank A/c kindly tell me which head of income tax a/c and income tax payble a/c

1789


What is means by Central Excise ? How to calculate Central Excise ? Central Excise form No. is ?

2247


we have paid excess tds amount in 194I 27000/- for f.y.2017-18 now can we adjust the same in upcoming month 2018-19?

1389


what diff. between Account ,Commerce and Finance?

2411


what about WCT (Work Contract Tax)

2070


If a nri buys property in india, does he has to pay property tax?

1122


what is service tax? how its count? and why its count?

2007


what is capital account? how to manage it? what is the process?

2200


come'?

2156


when wct@8.75% is charged from the vendor. How much TDS has to be deducted against it??

2720


Define deferred tax liability?

1191


WHEN FORM VAT R-2 USE?

2137


Dear Sir, We are running a security agency. Please suggest us Notification No.:15/2012 service Tax dated 17.03.12 which is effected from 01.07.12 Please suggest how to raise bill on our clients.

4109


How to Prepare Balance Sheet for Annual Tax Assessment. Do You Have any Format, Please send on (Pankajica15@gmail.com)

2094


what is the case assesment of sales tax and vat.What is the proof of this case assesment.why we use the challan-c...???? Plz tell me someone...???

2190