What is the difference between Advance Tax and TDS?

Answer Posted / arijit roy

Thank You all for the answers

Is This Answer Correct ?    14 Yes 13 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

i want to know that how much input credit we can take of service tax if our input service tax is greater than of out service tax what we should do?,,,,,,,,,,plz reply as soon as possible

1476


The value of the tax invoice is lesser than the value on the state permit. Is this acceptable.

2906


i want know central excise duty codes with cess?

2270


i want about TDS full details with Limit,Rate and Entry in Tally ?

1891


Ganesh & Gopal joined a firm drawing salary of Rs 25000 per month.After serving 3 yrs ,they started business of their own in partnership,contributing Rs200000(expected life 10 yrs,bought spare parts worth Rs 33000 from Kundu on credit.Office supplies were purchased for cash.Initially they were very busy in conducting their business operations but by the end of the 1st year,31/12/2005 they were disappointed when they found their bank balances.Following is the summary of their bank statement. Receipts: Share Capital Rs 250000 Collections from Customers 412000 Payments: Equipment 200000 Salaries of Assistants 88000 Rent advance for 2 yrs 96000 On-year ins. Policy on equipment 12000 Office stationery 27000 Payment to Kundu 29000 Withdrawals of Ganesh 90000 Withdrawals of Gopal 90000 Closing balance c/d 30000 ----------- Total : 6,62,000 Still amount receivable from customers for services to them amounted to Rs 30,000 & closing balance of office stationery is Rs2000,spare parts Rs2600 were utilised by the end of the year .Prepare trial balance with the available information and show total. Also what is the net profit.

1464






whether octroi service charge levied on entry tax? and is service tax levied on octroi service charge?

2493


plzzzzzz help me friend my question is, is the tds of part of income tax and when it deduct from salary and why becose tds is deduct only secoundry primary income like lotory etc..

1591


When and how Wct is applicable on Labour Job Work and what is the percentage?

2491


define double entry bookkeeping

1806


What is Form 12A & Form-H and where is applicable.

4094


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

6965


what is the Difference between Compound Sales and Deemed Sales?

1663


Should we give C form with Freight, Insurance, P&F after CST?

3445


Deferred taxation is a part of which equity?

682


How to make a bill of software sale with service tax?

1770