Answer / vinay

tax deducted at source and tax collected at source

Answer / lahu

TDS means Tax Deducted At Source , this is indirect taxtion
heads of income tax like Professionl Fees, Interst from
other, Winning from Lottries ticket, and More of then. and
Tcs is also Indirect tax paid to goverment This tax
calucated at Source. and this calcuted on Timer,forest
Lease and more than.

Answer / umashankari.r

TDS stands for tax deducted at source which means when ever
an individual or a firm , company receives a income through
any source they are liable to pay some prescribe percentage
as per goverment prescribed.

TDS is claming thing. we can pay and we can claim.

TCS stand for tax collected at source , it is levy by the
seller to the buyer, normally the government properties
come for lease or auction, under tcs.

Answer / pooja

TDS is an indirect tax. It's full Form is tax deducted at sources and It is deducted by the seller or the person who pays money exa:-Rent,Salary etc.They deduct the tds of buyer or receiver of money.

Answer / vinay

tax collected at source and tax collected at source

let me know if a supplier in his invoice he has added Transportation charges & on that he is charging Vat whether vat is admissable on transportation Charges also ? Basic + Excise + Transportation charges = X amount on X amount Vat is chaged whether it is correct ( within State) Purchase. & also let me know what rule is applicable for Outside state ?

3 Answers   HDFC,

what are the forms come in use of a manufacturing company while transferring of goods??

2 Answers  

what's the rate of cst applicable on computer items.

1 Answers  

what is the Intrest Rate for CST Delay Payment

1 Answers   ABC, Amico, Vertimo,

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0 Answers  

What is Tax refund?

1 Answers   Deloitte, Ernst Young, Freedom Chemicals, Wipro,

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26 Answers   Alps, Simran International,

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1 Answers  

we have rendered a service for the period 1st may 2016 to 31st may 2016. Quest: Can we raise the invoice with service Tax 14.5% on 1.6.2016 for may period bills? pls clarify

1 Answers  

i am new to this tax system if you don't mine "please help me"

0 Answers  

Under DVAT ABC is a "company" which has taken contract from Delhi state govt department and subcontracted part of work to XYZ. Where ABC is under composition scheme and XYZ is under normal scheme. Govt deducts 3% WCT from payment to ABC towards vat.Whether subcontractor is liable to pay WCT vat on his turnover though the main contractor has already discharged tax liability on entire turnover? What is the mechanism ?

1 Answers   ICA,

what about present pf rate can anybody defined clearly

2 Answers