what is the differnce between income tax and tax deducted at
source?
Answer Posted / manikanta r
Income Tax is Which a assesse will pay over at the end of the financial year for over all income earned by him during the previous year
Tax deducted at source is a tax levied on your income, the payer will deduct the Tax before paying to the receiver and the same will be paid to the Govt behalf of the receiver
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
treatment of Service tax and TDS
please explain what is actually E-15 what is its process and also what its importance.
DEFINATION OF INCOME TAX , WEALTH TAX , INDIRECT TAX ,DITECT TAX , AND CORPORATE TAX ?
How treat TDS & TCS in manual or Tally 9 softwere ?
How to working service tax in excel sheet?
What qualification require for become a tax consultant ? what the future in this..???
updated rates of sales tax & VAT in Maharashtra
Dearlers Margin Received for Direct sale from our Creditor, that TDS deducted for us. How to accounting in my records in Tally ERP 9
why is service tax set off is consider while calculating wct tds
I run a small consultancy firm (partnership with my mother) from my residence address. My firm is not registered, but I do have a separate PAN for it. I do not have any salaried employees. I get work done by freelancers and vendors and pay them against invoice. My annual revenues are just about Rs 5-6 lakhs. I am aware that I would need to register for service tax once I touch Rs 9 lakhs. But I am confused about my obligation to get a TAN and deduct TDS for all vendor/freelancer payments. Are there any minimum thresholds for withholding TDS? Right now I pay 100% of invoice amounts. Please advise.
Company A from Maharashtra dispatch material directly to company C in Maharashtra & Billed to Company B in Karnataka. Co. A raised billed to Co. B charged local VAT., Co. B raised bill on Co. C tax rate NIL. Can Co. C claimed on VAT amount ?
hi how can we know and how to caulata pf. caucaltion of diffrent copany how much rate of pf deducted by company which is the best site to know our pf information
please tell me how to take stock (not enter in purchase) in Tally ERP 9 in Case the goods recived against from FORM 38 The Company sent me consignment for sale on behalf commisson & after sale he want FORM F. so please tell me procesure of TAke the Stock in Tally for the Created Sale Invoice & Tax Invoice. Thank You
how i get h form
What is the maximum amount to issue Form C to a dealer for the purchase of 40 crores in several bills in a quater?