what is the difference between TDS & TCS? Note:- Plz don't
tell the ful form of tds & tcs
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Answer / bijender sharma
TDS=tax deducted at source and TCS= Tax collected at Source.
TCS is deducted while making payment against sale of scrap.
| Is This Answer Correct ? | 11 Yes | 0 No |
Answer / sharyanch
TDS- TDS charges on Company & Non-Company, Salary,
Contractor & Sub-Contractor, Brokerage & Commision.
TCS- TCS charged on Scrap.
| Is This Answer Correct ? | 4 Yes | 0 No |
Answer / @n$u
TDC is calculated for filling of IT but TCS is the company who file the TDC.
| Is This Answer Correct ? | 3 Yes | 12 No |
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Mr.A repaired a printer of a company and charge a bill of Rs.1200? The company paid Mr.A cheque of Rs.1080 and deduct Rs.120 in TDS after couple of day Mr.A received TDS certificate from the company. pass all the entries in the books of accounts.
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