02 June 2009
TDS is the abbreviation fot Tax Deducted at Source coming under Chapter XVII OF THE INCOME TAX ACT 1961 TCS is tha abbreviation for Tax Collected at Source under section 206C.FBT is the abbreviation fot Fringe Benefit Tax under Chapter XIIH of the Income Tax Act 1961 You can go through the sections and note the difference between TDS and TCS both are indentical only TCS is related to the sale of certain specific items
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