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Categories >> Accounting >> Taxation


Question What is the difference between TDS and TCS?
 Question Asked In Companies :: Godrej, TCS, SSK,     < I also faced this Question! >
 Question Submitted By :: arijit roy
  Answer Posted By  
Full form of TDS is tax deduction source it is the tax which
is deducted for the parties by company and it is a expense
for company.

Full form of TCS is tax collection source it is the tax
which have to be collected by company from other's and it is
a income for the company.

Is This Answer Correct ?    421 Yes 130 No

  naina jain
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