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What is the difference between a TDS and an income tax?

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.

Is This Answer Correct ?    5 Yes 3 No



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