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what is the differnce between income tax and tax deducted at
source?
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Answer / tapan kumar roy
INCOME TAX WHICH WILL PAY AGAINST YOUR INCOME i,e INCOME---TAX.INCOME TAX DEPOSITED AGAINST YOUR PAN NO.
TDS TAX DEDUCTED AT SOURCE WHICH IS ANYONE EARNED FROM YOU AND YOU WILL DEDUCTED A PERCENTAGE FROM HIS INCOME AND THE AMOUNT WILL DEPOSITED AGAINST HIS PAN NO.
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Answer / manikanta r
Income Tax is Which a assesse will pay over at the end of the financial year for over all income earned by him during the previous year
Tax deducted at source is a tax levied on your income, the payer will deduct the Tax before paying to the receiver and the same will be paid to the Govt behalf of the receiver
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