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Tds and advance tax

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Querist : Anonymous

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Querist : Anonymous (Querist)
13 May 2013 what is difference between TDS and advance tax?
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kunal

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kunal (Expert)
13 May 2013 Actually there is No difference between Tds & Advance tax

TDS is deposited by deductor and advance tax is deposited by the assessee
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Querist : Anonymous

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Querist : Anonymous (Querist)
15 May 2013 all the assessee need not be deductor is that so ?
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Ganeshbabu K

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Ganeshbabu K (Expert)
15 May 2013 yes,..if assesse payments subject to tds applicability tds to be deducted and to be paid to govt with in due dates

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