Section 194Q and 206C(1H) - Let's resolve the confusion

Shivani Dundlodia , Last updated: 31 May 2023  
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The basic difference between TDS and TCS is that TDS is deducted by the buyer and TCS is collected by the seller. Learning this with a basic example, suppose you entered into a transaction and bought some goods on which TDS is applicable. It will be your responsibility to deduct the TDS before pa

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