TDS :-Tax deducted at source arises when we are making the PAYMENTS which are covered under the purview of TDS
Example :-Payment of salary above the AVERAGE limit (194B)
Payment of professional charges (194J) etc.
Note :- At the time of TDS Payer has to pay lesser amount than the actual amount
TCS :- Tax collected source arises when we are dealing with the transactions which are covered under section 206C(1) of income tax act 1961
Example :-Sale of scrap,Sale of alcoholic liquor etc.
Note :-At the time of TCS seller is used to collect higher amount than the invoice amount
However in both the cases tax amount will be remitted in govt.account
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