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 a TDS and an income tax?

Answer Posted / madhukar

TDS IS TAX DEDUCTION AT SOURCES TDS IS AMT WHICH WE DEDUCT
FROM CONTRACTOR -SUB CONTRACTOR & PROFESSIONALIST PERSON OR
CONSULTING AGENCIES ETC AND THEN WE RETURN TO GOVT. TDS WILL
REFUND AFTER 2 YEARS

INCOME TAX IS DEDUCT FROM EMPLOYEE ETC.

Is This Answer Correct ?    5 Yes 3 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

How to working service tax in excel sheet?

2400


if the goods are purchased against H Form, is there any specified time limit winthin which they should be exported?; if yes then wat is that limit?

5481


What is the commitment to the bankers against L/C ? They need any colletral Security or any deposit ? What is terms & conditions of L/c?

2480


what is the exise limit in granite manufacturing

1961


Sir My, Que. We recived hotel housing & bording charges so i have dedu. tds when section

2105


what should be the research and methodology of business taxation?

2080


What are all include taxation...? What is to be noted in the taxation...? Hints would be highly appreciated.

1838


updated rates of sales tax & VAT in Maharashtra

2848


when i send goods out side the state against c form from gujarat to bombay which forms will have to required, where i get it & what process of to get it , please give me the answer on my e.mail sonidilip87@yahoo.com

2098


If any new form open than we are able to deduct TDS on first year

2272


what is city commodity tax

2032


If we issue a new sale invoice after issuing a Credit Note to the coustomer, for the previously issued sale invoice on which Central Sales Tax @2% was Paid previously,whether we will be liable to pay for charging the sales tax on new invoice and pay to the sales tax department.

2246


is there easy guide for the latest India tax & accounting information for 2010?

2033


Rules for filling Income Tax return for a domestic manufacturing company.

2496


I have doubt on Input VAT & Output VAT (incoming vat / outgoing vat) I have a HMS software, where we have interface to tally erp. When we import the transactions to Tally from HMS (Hospital Management System) All the purchases what we do for a period, the tax paid on these purchase are showing as out going vat. Similarly when we do the sales of those purchased items through HMS, tax collected from customer is showing as incoming vat. Is these are correct terms what they had mentioned in HMS? Please help me out.

5920