TDS & TCS

TDS

TDS Means for Tax Deducted at Source. As per the Income Tax Act, any company or person making a payment is required to deduct tax at source, if the payment exceeds certain threshold limits.TDS has to be deducted at the rates prescribed by the tax department.

To Know about TDS & RATES CLICK HERE .

TCS 

TCS is a short form for Tax Collected at Source. This tax is payable by the seller who collects in turn from the lessee or buyer. The goods are as specified under section 206C of the Income Tax Act, 1961.

To know more about TCS CLICK HERE.

Home

UPGRADE WORK GOING ON
AND
WILL PROVIDE DUE DATES UPDATES