What is the difference between TDS and TCS?
- 24 Answers
- 118464 Views
- Godrej, SSK, TCS, I also Faced
- E-Mail Answers
Answer Posted / ravi
TDS is the tax deducted at source tax will be deducted from
the employees salary and employer will pay on behalf of
employee hence it is an expense
Tcs is the tax collected at source the meaning of this
is tax is collected from the party &paid it may be possible
in services
| Is This Answer Correct ? | 164 Yes | 47 No |
Post New Answer View All Answers
What is VAT TDS? when it is applied & at what rate?
Should WCT deduct on Invoice where VAT charged but service tax not charged as service tax is not applicable to concern vendor (vendor gross income under 10Lacs)?
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?
I am an employee in a IT Company. While filling out the form it prompts to fill - Details of Tax deducted at source from Salary (as per form16) and then it again prompts to fill - Details of Advance tax and Self Assessment Tax. if i fill both the columns, i get end result as 2 times of Tax i paid and a refund.
WHAT IS FORM AND OTHER REQUIRMENT FOR FILE EXCISE RETRUN AND HOW WE FILE EXCISE RETURN ?
How can done the Accounting of WTC ? OR WTC treat (Take) like Service tax credit?
what is the procedure for Delhi WCT payment , we have a registered office at mumbai and we have a branch at delhi for that renovation we have deducted WCT ,we have ur VAT and CST no for delhi branch do we need have additional registration for this payment
In our bodyshop wct tax is 13.05% on the whole Labour charges( including opening fitting ,repairing ,painting. Is this justified?
as we are having are unit in a area where excise duty is not applicable and on my purchase i am paying excise duty can i take refund of the duty paid by me and what was is procedure? plz. replay to my on my id ngaggarwal@yahoo.com
what is central excise tax
The value of the tax invoice is lesser than the value on the state permit. Is this acceptable.
What is Excise duty? What is Edu Cess & Sec Edu Cess? Why and when it is applicable? What is Excise Claiming?
How to determine TDS on Salary ? what are Limit for HRA ,insurance premium , Loan installment, children education fee etc. what type of Deductions for salary. please Explain Full and complete this concept with one example which cover all aspects regarding TDS on Salary.
Sir, in CEntral excise we need to pay some amt with interest ex.13815 amt for 66 days how to calcualte this?
Who is to paid income tax and what is the procedure of filling income tax return?
