What is the full form of TDS & TCS

Answer Posted / naveen

TDS - Tax Deducted at Source
TCS - Tax Collected at Source

Is This Answer Correct ?    70 Yes 8 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

We need to know is their any govt notification for VAT & Service both applicable for one item or single invoices

1733


what is vat adjustmant?

1801


Beginning Balance, Dec. 31, 20xx Creditable Income Tax 211,829.00 Income Tax Payable (132,808.00) > Balance 79,021.00 ITR (1st Quarter) - Jan. 31, 2016 - Mar. 31, 20xx Normal Tax (30% of Taxable Income) 2,205.02 MCIT (2% of Gross Income) 7,865.71 Aggregate Income Tax Due (Normal Tax vs. MCIT whichever is hihger) 7,865.71 Less: Tax Credits/Payments Prior Years Excess Credits 79,021.00 Creditable Tax Withheld - 79,021.00 Tax Payable, per return (71,155.29) What should be the entry in my book to record the above transactions? Thank you!

1217


What is the maximum amount to issue Form C to a dealer for the purchase of 40 crores in several bills in a quater?

10698


If anybody have knowledge about opening for the post of accountant(for Gurgaon/Delhi) kindly mail me verma_moti@yahoo.co.in. I am handling accounting sales tax/vat,Excise,service Tax,Tds and MIS.

1467






We have got 5 firms. Same partner only running all the firms. Salary is going from one firm. But if we go for PT registration it is asking number of employees. I don't know how to fill the form in online. Any one can help me?

1470


Is wct charged on firm or proprietors ?

1109


how to caluclate the central exicse duty? how to implemting in to tally ERP9?

1595


Where can i get IFAM Banglore details, i came to know that there they are giving Accounts & Taxation Training on Real Projects, and they are providing Job after training. I got one number that is not reachable i.e 9591777526. Please give me if any one knows this Institute details.

1517


How To fill vat, Tds, Service tax Return Form? Please Explain With an Example.

11156


Dear Sir, we have purchased Poly Covers ( 360mm x 560mm)for raw material use.This Input vat claim it or not ?

1829


how i get h form

1716


Can we take rebate on Exports done before 6 years ? If no, why ? What can be done ?

1567


What is the rate of Excise duty for all goods Is der any Difference in rate of exice duty for Chemicals And Fabric

1748


How do you plan to achieve these goals?

1897