29 October 2010
Sir, do you think it is possible to reply all the question at ones. But I can make you small help.
TDS - Tax deduction at source against payment as per IT act .
TCS - Tax collection at source against receipt as per IT act.
Tax Slab - this is big list so it will be better to see the IT act.
Service tax - it is payable on various service by service provider ( in some case by service receiver also). There is big list of services , lot exemption , it can not be covered under reply, You have to read the book.
29 October 2010
TDS & TCS are mode of recovery of tax. Section 192 to 195 of Income tax deals with this. Its vast topic & Each section is applicable to particular kind of transactions & payments
Service tax is tax on service & its indirect tax. Taxed on taxable service as per act
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