1. Categories >> Accounting >> Taxation
  2. Suggest New Category

TCS AND TDS I.T RETURN

Question Posted / yaarpyarkar87


TCS AND TDS I.T RETURN..

Answer / vaibhav sharma

TCS is tax collection at sours
TDS is tax deduction at sours.

Is This Answer Correct ?    9 Yes 1 No

Post New Answer

More Taxation Interview Questions

Is Late fee and service tax thereon LIC Premium is elgible for deduction u/s 80C ?

2 Answers   Voltas,

I run a small consultancy firm (partnership with my mother) from my residence address. My firm is not registered, but I do have a separate PAN for it. I do not have any salaried employees. I get work done by freelancers and vendors and pay them against invoice. My annual revenues are just about Rs 5-6 lakhs. I am aware that I would need to register for service tax once I touch Rs 9 lakhs. But I am confused about my obligation to get a TAN and deduct TDS for all vendor/freelancer payments. Are there any minimum thresholds for withholding TDS? Right now I pay 100% of invoice amounts. Please advise.

0 Answers  

what are capital gains,explaine briefly.

2 Answers   Visa,

what is TDS

7 Answers   Capital IQ,

we have paid excess tds amount in 194I 27000/- for f.y.2017-18 now can we adjust the same in upcoming month 2018-19?

0 Answers  




If fail to deposit tds within or on 7th of next month then what will be the Interest charge?

4 Answers  

We are purchaseing one machine on duty of payment ( Capital Goods) in the staring of the month financial year 2009-10 at the time of purchase of machine we are not registered with the excise department. But my company registred with the excise department end of the same financial year What can we are taken cenvat credit on capital goods in the year 100% of 50% pls. given the comments or explain me all excise exparts.

3 Answers  

How many types of vat categoryplease tell me all type of vat categories..............

0 Answers  

Suppose A, Delhi is selling material to B, Chhhattisgarh & B wants this material at Bhopal. A bills like sold to party B, Chhattisgarh & Ship to party C, Bhopal. Whereas C is a site office of B. In this case whiling billing A required TIN no of B & C or proving TIN no of B is enough?

3 Answers   ABC,

What is MAT ?

2 Answers   Britannia, HDFC,

What is the difference between 24Q and 26Q form of tds

2 Answers  

I want to know how to calculate VAT / WCT Liability under composition scheme and regular scheme at Karnataka

0 Answers  

For more Taxation Interview Questions Click Here
Categories