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Accounting

Explain the meaning of TDS and VAT
Asked by: shivamr_88 | Member Since Mar-2012 | Asked on: Apr 16th, 2012

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zubair

Answered On : May 15th, 2012

Tax Deducted at Source is one of the modes of collecting Income-tax from the assesses in India
VAT - Value Added Tax is a tax which is levied by seller to the purchaser, it is a form of consumption tax

  
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