tcs&tds
This query is : Resolved
09 March 2010
Hi all,
what is the difference between tds and tcs? kindly help me.
regards
deepak
what is the difference between tds and tcs? kindly help me.
regards
deepak
Rahul Vora
(Expert)
10 March 2010
TDS - Tax Deducted at Source
TCS - Tax Collected at Source
TDS - Tax to be deducted on payment / accounting of expenses
TCS - Tax to be collected on sale of scrap, alcoholic beverages etc.
In both the cases, tax to be deducted / collected and pad to the govt.
TCS - Tax Collected at Source
TDS - Tax to be deducted on payment / accounting of expenses
TCS - Tax to be collected on sale of scrap, alcoholic beverages etc.
In both the cases, tax to be deducted / collected and pad to the govt.
CMA Arif Farooqui
(Expert)
16 March 2010
agree with Rahul
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