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What is Withholding Tax and Extended with holding TAx?
Explain

Answer Posted / sudhakar

Classic Withholding Tax vs Extended Withholding Tax

• CWT : only for payment.
• EWT : payment and invoices
• CWT : Only for vendors
• EWT : for vendors and customers also.
• CWT : only one tax component (like TDS )
• EWT : N no of tax component (like TDS + Surcharge                 + Ecess + H Ecess)

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