Answer Posted / mikesh
tcs means tax collection at source which is quite different
from tds.tcs is made when the invoice of scrap,wooden and
some other certified items are raised.there are only few
items on which tcs are imposed other wise tds is compulsory
for normally every payment except payment of goods purchased.
return od tds is filed in the form 24Q,for salary and 26Q
for other tds and form 27q is used for TCS.
| Is This Answer Correct ? | 11 Yes | 4 No |
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