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Tax collection at source (tcs)

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(Querist)
28 April 2012 dear Sir, we have collected TCS on Scrap sale , what is the procedure to deposit TCS,& what is the procedure to filing Return, Return is filing Quarterly or monthly. plz give details...
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Arun Yadav
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CA Prashant Gupta

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CA Prashant Gupta (Expert)
28 April 2012 The procedure is same as TDS. you have to deposit by challan same as TDS and quarterly return to be filled.
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Murtaza I Bhagat

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Murtaza I Bhagat (Expert)
28 April 2012 agree with expert
same procedure like tds
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