what is the deffirent between TDS & TCS

Answer Posted / vinay

tax collected at source and tax collected at source

Is This Answer Correct ?    6 Yes 32 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is the rate of Excise duty for all goods Is der any Difference in rate of exice duty for Chemicals And Fabric

1752


THERE IS EXCESS TDS REMITTED UNDER SECTION 194 H IN EACH MONTH STARTING FROM APRIL 2011 TO DECEMBER 2011.THIS IS DISCOVERED IN JANUARY 2012. THE QUARTERLY RETURN IS YET TO BE FILED. HOW TO TAKE EXCESS CREDIT IN FILING QUARTERLY RETURNS ? WHETHER EXCESS TDS CAN BE ADJUSTED AGAINST REMITTANCE OF TDS FOR JANUARY 2012 (UNDER 194 H ONLY)AND THE BALANCE ONLY CAN BE REMITTED? IF SO, HOW TO GIVE THE CHALLAN REFERENCES IN THE RETURN?

1785


when charges PURCHASE @ 12 % TAX RATE ?

1442


i want to learn income tax work please tell me about all dedutions exempations and income detail...how to calculate tax on net income

1458


what is procedure of calculation of TDS by bank?

1679






CERTAIN LIST OF EXPENSES ARE MENTIONED IN SECTION 35D regarding amortisation of such expenses........not included in the list are expenses like administrative expenses,consultancy fees etc...if these expenses are of revenue nature then well and good enough, problem taken care of.If it is not of revenue nature nor is it included in the list, how do u treat such expenses. Do u capitalise them by way of fixed assets or sunk costs or what do u do? any case laws that talk about expenses not mentioned in the section?

1965


What items fall under the category of ‘securities’?

615


1. Defination of Contractor & sub contractor 2. In cash method of accounting can we claim TDS deducted on Advance Recevied from contractee.

1776


If i want to change a proprietor concern yo a partnership concern. do i have to pay full tax on every product i have in stock or just simple make a partnership deed and apply a new pan card and register in sale tax department ?

1598


What is permanent account number (pan)?

735


i had received an arrear 0f Rs.700000/- lacs for the period 1.1.2007 to 31.3.2010 and Rs.78000 for the period 1.4.2010 to 31.7.10 during aug'2010. my normal salary for 2010-11 is 400000/-. on what amount will my rent free house perquisite be calculated? i have also claimed rebate u/s 89 by distributing my arrear salary in previous years.

1754


how & on which amt tax should be calculate on pvt ltd company or ltd company

1896


th point in when will details wil get filled in ER1 2a and 2B?capg

1322


Dear Sir, Regarding for WCT, IF FORM DVAT-43 MADE FOR DELHI STATE.So Is there any Form availabe for Haryana State. Would request you to please let know Answer in Yes or No or which form is available for HR State If do you have any kind of list for same please have suggested me.

3677


What is means by Central Excise ? How to calculate Central Excise ? Central Excise form No. is ?

1774