Interested to Buy Any Domain ? << Click Here >> for more details...
what is the diffrence between tds and vat?
- 16 Answers
- 55602 Views
- Accenture, GMR, Tata Lockheed Martin Aerostructures, I also Faced
- E-Mail Answers
Answer Posted / dinesh
Full form of TDS is tax deduction source it is the tax which
is deducted for the parties by company and it is a expense
for company.
Full form of TCS is tax collection source it is the tax
which have to be collected by company from other's and it is
a income for the company.
If VAT is charged means physical material is supplied so there is no TDS to be deducted. but if any amount is charged for works contract that is charges for any work done than TDS to be deduct on that amount
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
CAN TWO VECHILE PASS TO RAJASTAN FROM NASIK ON ON ROAD PERMIT
what to in pro
what was the rate of duty i have to pay if i want to import 1) lubricants(engine oil, etc) 2) grease 3) v-belts(rubber belts used in machines, cars, etc)
What is Excise duty? What is Edu Cess & Sec Edu Cess? Why and when it is applicable? What is Excise Claiming?
is there any necessity to file TDS to purchase a thing even ater paying vat
#IS IT NECESSARY TO COLLECT T.C.S ON EVERY POINT OF SALE# THAT IS IF MANUFACTURER SOLD ANY OTHER FOREST PRODUCE NOT BEING TENDU LEAVES (T.C.S @ 2.5%)TO TRADER,IS IT NECESSARY FOR TRADER TO DEDUCT T.C.S.MANUFACTURER ALREADY CHARGED T.C.S TO TRADER & ISSUED TO TRADER 27-D FORM.WAITING FOR CLEAR CUT REPLY
how & on which amt tax should be calculate on pvt ltd company or ltd company
what is the difference between tds tax code and tds tax type in sap fi
What is the value of the Budget for 2009-10
What are the deductions under salary head?
80DD Dediction
How many heads are there under total income? Name them.
what is the rate of interest when an assesse paid tax after the due date in the prescribed time limit?
We need to know is their any govt notification for VAT & Service both applicable for one item or single invoices
Under the provisions of the BST Act, no registered dealer is allowed to collect any amount by way of tax in excess of the amount of tax payable by him. Excess tax collected is to be forfeited to Government. However i want to know whether tax payable amount is the amount before the set off claimed or the tax payable amount after availing the set off.
