help me to understand TDS&TCS

Harihi ohm!

What is it that you have not understood?

While TDS stands for Tax Deducted  at Source, the amount a person responsible for making certain payments to a person to deduct  tax  from such payment, TCS stands for Tax Collected at Source, certain amount a person is entitled to receive is responsible to collect also tax on such amount from the person from whom such amount is collected.

Hi Sujatha,
Mr. S. Srinivasaraghavan has already explained the meaning / full form of both the terms TDS & TCS.

For more information you can log onto www.tin-nsdl.com & www.incometaxindia.gov.in

Regards.
Prabeer

I know the meaning and expansion... There are too many numbers and types.. i dont get them as to how to read and retain from exam point of view...

Hi,
Can U b some more specific, I mean what exactly do u want, some hints.

Regards.
Prabeer

Do 1 thng write all the Sections of TDS in a table format & Try to learn from that.tell me ur mail id.i'll mail u d same.

Regards:

Risha