Difference between reverse charge and tds
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
17 June 2014
Pls can anybody explain me
Difference Between Reverse Charge and TDS
Difference Between Reverse Charge and TDS
Nikhil Kaushik
(Expert)
17 June 2014
reverse charge is a mechanism to recover service tax....TDS is a mechanism to recover income tax.
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17 June 2014
reverse charge is concept of taxation service tax where service reciever pays service tax and tds is concept of tax under income tax where while making payment or crediting accounts tax is deducted by the payer.
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