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Tcs

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04 July 2014 I have saled timber n collected TCS from Buyer...now he has returned the goods so wether I have to return TCS collected from Buyer??

04 July 2014 the ans is yes if u have not deposited with the central government.

05 July 2014 if not deposit the you can return to party otherwise he can claim refund from the deptt.




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