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Tag: tax collected at source

TDS and TCS in Accounting: Journal Entries, Golden Rules & Financial Impact

Understanding TDS & TCS in Accounting: Concepts, Journal Entries & Financial Impact In the world of accounting and taxation, TDS (Tax Deducted at Source) and...

What is TCS (Tax Collected at Source)?

TCS (Tax Collected at Source) is a tax collection mechanism in India where the seller collects tax from the buyer at the time of sale....

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TDS (Tax Deducted at Source)
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