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Tds and tcs.
hi, why tds provision comes into force when already tcs is deducted on sale by Amazon or any other online platform.
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In short, the two provisions serve different masters: TCS (GST) ensures the government collects its share of sales tax, while TDS (Income Tax) ensures the government tracks the actual income earned by the seller. Because they report to different tax authorities, both must be complied with separately to maintain a transparent financial record of your online business activities.
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