Answer / debasish podder

Income Tax follows 1961 Income Tax Act, TDS i.e., tax
deducted at source is a main tool of income tax. It
consists varieties section which's been written in IT Act.

Answer / sachin pathak

income tax is wider term means it is an act 1961 under the
central board of direct tax act & the tds( tax deducted at
source) is a tax which paid by an employees from his
salary to the employer & the employer will deposite the
amount of tax ( tds) to the income tax department

Answer / saikat

Income tax is statutory payment against Income chargable by
income tax act 1961 by an assessee. TDS is a deduction from
his income at a specific rate as per rule of income tax act
and this deduction will be adjust from the actual tax
payable by the assessee against incmme at the time of
filling of return. Likely to say that TDS likea provision.
If the tds is greater than tax then balance will be
recoverable and vice versa.

Answer / dinesh

sharma ji, too many question?

kindly read any +1, or +2 accounting book. or any general
accounting book.

what is the diffrent between form-c and form 16

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What are the strong accounting standards?

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ram paid to cheque rs 25000/- for comission what is the entry in tally can in this entry tds will deduct then what is the entry in tally and which voucher

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WHAT IS INTERIM BUDGET

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what is the meaning of receivables and payable?

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which report give the data of GL with materials details in sap?

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how pass journal entry in the month ending for input vat and out put vat

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being a b.sc(biotechnology) student, am i eligible to work in accounting sector. If yes what all i need to do.???

1 Answers  

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