Dear CCI Members,
Can anyone tell me the difference between T.D.S. & T.C.S. and their treatment in Accounts.
Thanks.
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Difference b/w TDS & TCS ???
Replies (2)
Hi Aditya
Read https://www.sundarandco.com/bulletins.htm to understand the concept.
In Accounts, both will be treated as Assets (Like Advance Tax).
Thanks sir......I read it.....
but can you tell me why there is need for TCS if TDS is already there???
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