Adjustment of TCS

This query is : Resolved 

16 December 2008 Can a company adjusted TCS Amt.from his income.

companys product is paper
he purchase fire wood charged tcs on bill


16 December 2008 Yes, TCS is also adjusted like TDS against your tax liability while preparing your return.

16 December 2008 Please note - Material purchase (TCS Involved) is not a raw material




You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries