ALLInterview.com :: Home Page
 Advertise your Business Here     
Browse  |   Placement Papers  |   Company  |   Code Snippets  |   Certifications  |   Visa Questions
Post Question  |   Post Answer  |   My Panel  |   Search  |   Articles  |   Topics  |   Errors
   Testimonials Refer this Site  Refer This Site to Your Friends  Site Map  Contact Us      
   
 
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  
 
Answer
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 ?    440 Yes 138 No


 
  naina jain
 
View All Answers
 
 
Please Help Members By Posting Answers For Below Questions
 
 Question Views   Select
 
WHAT IS FORM AND OTHER REQUIRMENT FOR FILE EXCISE RETRUN AND HOW WE FILE EXCISE RETURN ? 302
Hi, I am a VAT/CST dealer in Pune. I had got a work contract with other AP state government. can i purchase material in AP state on 2% CST on issuing 'C' form and supply the same material to the AP state government on VAT /CST 5%. As the government departments are not issuing 'D' forms. please guide. 268
what is the vat rate of Saw dust powder in maharashtra 2416
cgl2012 tier1 mein 62.50 marks they or mera naam TA wali list mein tha but mainey Auditor ko 1st prefernce choose kia tha tier2 mein maths mein 142 or english mein 104.50 marks aaye but fir bhi mera naam only list4 TA main tha or mujhey DEST typing test dena parha i want to know that agar main TA k liye typing test pass ahi kar pata to kya mujhey koi bhi post milegi. pls anybody knows tell me. 448
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. 421
define double entry bookkeeping 541
where is applicable WCT & what is limitation for applicable it on company. 325
anybody pls tell me about the service tax 490
Can it be prssible, If any person purchase Reliance life insurance policy with nepal residence address profe. If yes then who can deposit nepal curancy in indian branch. 343
I had filed e-filling IT Return for A.Y.2011-12 before 1yr but yet I have not get Refund & not seen refund status at on income tax site now I filed e-return for A.Y. 2012-13 now what i do for refund A.Y. 2011-12? 414
how much TDS required in telecommunication services ? Any types of Telecommunication, provider or services receiver 186
what is fillup form when company issue c form 652
What is c.s.t slab on furniture & fixture ? 475
how we issue the road permit to seller for receiving the rearing material 792
AS PER VAT AUDIT WE HAVE REFUND OF RS.25000/- ON PURCHASE OF FIXED ASSETS WHICH WE DID NOT CLAIM LAST YEAR, NOW WHAT ENTRY SHOULD WE PASS IN BOOK. ITS URGENT 539
E-Mail New Answers        Answer Selected Questions