ANY differenece between income tax and tds
Answers were Sorted based on User's Feedback
Answer / gulzar singh ( gulzar.thpl@gma
TDS is part of income Tax. TDS is advace payment of incone
Tax.
Is This Answer Correct ? | 11 Yes | 3 No |
Answer / r. d. sharma
service tax charges 10.30 % to 12.36 from 01.04.2012 onwards
Is This Answer Correct ? | 3 Yes | 0 No |
Answer / ak.com57
incom tax means pay the amont
tds means amont detect source
Is This Answer Correct ? | 9 Yes | 6 No |
Answer / madhukar
income tax is the tax which is on our income imposed by govt
after the budget, income tax rates are different for men/
women/ huf sinior citizens etc.no procedure if we not
provide pan no. AND Tds means tax deduction at source it is
not a part of income tax because we can claim it.if party
does not provide pan no deductor can deduct direct 20% on
bill amt
Is This Answer Correct ? | 2 Yes | 0 No |
Answer / sandeep joshi
income is used for all person , company, & t.d.s is made for
salary income , repairing exp. and other as per slab.
Is This Answer Correct ? | 2 Yes | 1 No |
Answer / jaganath
income tax is a tax on your income whether company, individual and others. tds a deduction against payment like contractor,rent and other payments
Is This Answer Correct ? | 1 Yes | 0 No |
There is a Service Bill of Rs.50,000 & Service Tax added 10.30% & We have to deduct TDS @ 2%. Assume that Service Tax Input Credit available to Ur Co. What is the Journal Entry for this?
23 Answers A Cube Solutions, HCL, Motorola,
PLEASE ANY BODY TELL WHT IS PRESENT RATES OF TDS AND HOW MANY TAXES ARE THERE PLEASE SEND ME THE ANSWER TO MY EMAIL ADRESS I WAITING FOR UR ANSERS
i had received an arrear 0f Rs.700000/- lacs for the period 1.1.2007 to 31.3.2010 and Rs.78000 for the period 1.4.2010 to 31.7.10 during aug'2010. my normal salary for 2010-11 is 400000/-. on what amount will my rent free house perquisite be calculated? i have also claimed rebate u/s 89 by distributing my arrear salary in previous years.
How to calculate TDS on advertisement?Any one show me one example?.
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"A" is a Registered Dealer of Maharastra State, "B" is a Registered Dealer of Gujrat state and agent of "A", "C" is a Registered Dealer of Gujrat State. "C" ordered "A" to sand goods of certain specification. "A" in his term issues good to "B" to make such goods in the specification desired by "C"."C" sands such goods to "A". "A" raises invoices to "C". Which type of Sale transactions occured in the situation.
if i the vendor is providing us some printing material & they issue a bill of printing with including Vat so what can i deduct TDS ?
assume we have a loss for the last finacial year ,when we are calculating income tax for this year how would be affected last year loss
what is the significance of business taxation in private company?
Who is liable for TDS ON CONTRACTORS 1% categories ?
Hi, Can somebody help me to know whether WCT MVAt is applicable on catering service, if the caterer is uses his own material and labour for doing cooking in our premises and later the product is sold in the same premises for the employees. Kinldy advice whether WCT will be deducted on this.
Please describe wht is role of a excise officer at time of export despatch wht type of documents use