15 July 2021
Sir, It assess 26as download recently f.y.20-21. Sec 206cq Name of collector : ICICI Bank Total amount paid/debited:1015.13 Total tax collected :nil Total tcs deposit:nil Question: Above 26as view'transactions show procedure in books.
16 July 2021
It either relates to some amount remitted by the assessee outside India under Liberal remittance scheme or amount paid to tourist company for overseas tour package. Already this entry would have come in your book as drawings/expense. Kindly check.