WHAT IS DIFFERENCE BETWEEN TDS AND TCS?

Answer Posted / satish kumar jha

tds- tax deduction at sources, it will be deucted at the
time of payment ot the contractor-vice versa

tcs- tax colletionm at sources, it wii be received at the
time of received of payment from debtors

Is This Answer Correct ?    14 Yes 5 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What are the steps involved in converting the trail balance of a foreign branch? Explain the steps involved in incorporating the foreign branch trail balance in HO books

1751


am attend to bank exam(iob)pls send model questions

1621


How the sub ledgers(AP, AR) integrate with GL liability and receivable

1527


please explain the uses of internate protocol address(ip add)?

1677


what is automatic payment in sap fico

1611






Erection and Instalation charges of Rs 7500 to Lift was debited to repairs and maintenance account. Rectify it

1830


Expand-------NAC

1779


How does the ration analysis help in depicting profit and loss

1690


How can i prepare MIS report for Finance?

1962


what is sales life cycle???

1508


What was key roles of Cashflow statement and Fund flow statement and Balnsheet..?

1796


What is written off?

1650


why should the company give first perference to the perference shareholders?

1995


would gross expenditure vouch the correctness or otherwise of the given expenses?

1584


can anybody send me interview question&answer to me in accounts and finance and income tax....my mail.id...jagathis1986@gmail.com

1581