What is the difference between a TDS and an income tax?
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Answer Posted / madhukar
TDS IS TAX DEDUCTION AT SOURCES TDS IS AMT WHICH WE DEDUCT
FROM CONTRACTOR -SUB CONTRACTOR & PROFESSIONALIST PERSON OR
CONSULTING AGENCIES ETC AND THEN WE RETURN TO GOVT. TDS WILL
REFUND AFTER 2 YEARS
INCOME TAX IS DEDUCT FROM EMPLOYEE ETC.
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