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TDS
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Everything You Need to Know About Form 16 for Salaried Employees
Business10 months ago
Source: Everything You Need to Know About Form 16 for Salaried Employees
Form 16 is a crucial certificate which is issued under Section 203 of the Income Tax Act of 1961. This certificate is issued by employers to the salaried individuals working under them. This form serves as an acknowledgment that states that an employee’s deducted tax has been deposited by the employer with the Income Tax Department.
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What Are the Variances between TDS and TCS?
Business1 years ago
Source: What Are the Variances between TDS and TCS?
There are two forms of indirect taxes which may get confused with each other at times, namely TDS and TCS. TDS is collected at the source of income. Whereas, TCS is paid by the seller that collects it from the buyer during the period of sale. Want to know more? Visit our post
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