Interested to Buy Any Domain ? << Click Here >> for more details...
what is majore differance between TCS & TDS
- 4 Answers
- 7376 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / manoj devda
TDS is related to income tax dedcuted from the payment made
at source.where as TCS is related to the tax collection
from the sale of particular products.
| Is This Answer Correct ? | 11 Yes | 0 No |
My dear friends both TDS and TCS are same It is tax
collected on behalf of the Govt from the assessee.
Tcs.It is the Advance collection of Tax at the time sale of
certain notified products Those are Forest produce
TDS it is the advance tax collection from the assessee at
the time of payment made on some specified payments
Ex.Deduction of advance tax while making payment to contractor
To know more explanations and exclusive topics pl visit my
favourite site http://www.therealaccountants.com
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / mittaldn@allinterview.com
tcs charge in the invoice and tds deducted from contractor
| Is This Answer Correct ? | 2 Yes | 4 No |
MY QUESTION IS 1. WHAT ARE THE LEDGERS TO BE OPEN FOR TDS 2. WHEN AND TO WHOM I DEDUCT TDS 3. JOURNAL ENTRY FOR ALL TDS TRANSCATION 5. IN TALLY ERP MENTION LEDGER TO BE CREATED UNDER WHAT GROUP 6. THEN ANY OTHER IMPORTANT INFORMATION ABOUT TO CHECK IN TDS
Why it's necessary for a company to file TDS Returns?
what is the incometax
What are the TDS Rates for the financial year 2008-09?
Dear Sir/Mam Please send me a return under delhi vat for learning purpose Thank & Regards Sonu Kumar
How to prepare a vat return in Gujarat for firm
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.
when we calculate the inclusive Tax for Room in Hotel then we first Calculate luxury Tax and the what is the Balance Amount renaming on that We calculating Service Tax is it correct?
what is Bank Stock Statement and which companies required bank stock statement, how can we make the bank stock statement
I am a newly appointed consulting engineer to a coirporate infrastructure company.I am offered a consultation fee of Rs.!500000(fifteen lakhs) per annum. My question is for the purpose of working out the income tax what is the gross income.Is it the balance of the fee received less the service tax paid ?
what is reverse credit & how it is calculated in vat law in west bengal?
WHAT IS TCS & DIFFINATION
Audit 
