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Income tax & TDS

TDS / TCS 913 views 7 replies

Are income tax and tds are same or different?

As i understand -income tax is deucted at source hence it is called tds. Is it true?

Replies (7)

Yes U R right and Clear Ur Confusion

Yes the two things are same indeed.

A thin line of difference is the nature. TDS is of ADVANCE in nature, whether or not your final tax liabilty is nil.

Originally posted by : goutam

Yes the two things are same indeed.

A thin line of difference is the nature. TDS is of ADVANCE in nature, whether or not your final tax liabilty is nil.

agreee with above

 

Yes the two things are same indeed.

A thin line of difference is the nature. TDS is of ADVANCE in nature, whether or not your final tax liabilty is nil.

agree....

yaa, agreed with all

Agree .............


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