Poonawalla fincorps
Poonawalla fincorps

Tcs 1% is claimble or expencess

This query is : Resolved 

20 June 2014 Dear All,

Greetings..

We are purchasing chipper dust with TCS 1% for power generation. I want to know weather TCS is claimable or only expenses.

Thnks in Advance
M.RamKumar
99498 40959
Rajahmundry
Andhrapradesh

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20 June 2014 It is Claimable dear.............................

20 June 2014 Just like TDS, you can claim


20 June 2014 you can take refund as TDS when you file the income tax return of related purchases.

21 June 2014 thank you for reply all of you



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