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what is the difference between TDS & TCS? Note:- Plz don't
tell the ful form of tds & tcs
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Answer / bijender sharma
TDS=tax deducted at source and TCS= Tax collected at Source.
TCS is deducted while making payment against sale of scrap.
| Is This Answer Correct ? | 11 Yes | 0 No |
Answer / sharyanch
TDS- TDS charges on Company & Non-Company, Salary,
Contractor & Sub-Contractor, Brokerage & Commision.
TCS- TCS charged on Scrap.
| Is This Answer Correct ? | 4 Yes | 0 No |
Answer / @n$u
TDC is calculated for filling of IT but TCS is the company who file the TDC.
| Is This Answer Correct ? | 3 Yes | 12 No |
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The following are the list of Balances of SUNSHINE Company as at 1.2.2012 RM Land and building 450,000. Furniture and Fittings 35,000. Office Equipment 25,000. Motor Vehicles 75,000. Inventory 5,000. Trade Receivables 12,000. Trade Payables 8,000. Bank Loan 200,000. Bank 13,000. Cash in Hand 1,000. Capital 408,000.
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