what ate the difference between tds and income tax and
which form is used for deposit tds and income tax.give me
detail infromation about this question.
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Answer Posted / lgovindarao
TDS- Tax deducted at source. Which is collected and paid by
the company. which is collected by the company from the
service providers and paid to the department.
Income tax: it is tax on income earned by the Assesse in
the prevous year.
Challan for TDS-281
Advance tax -280
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