Poonawalla fincorp
Poonawalla fincorp

Tcs at reduced rate.

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Querist : Anonymous

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Querist : Anonymous (Querist)
17 August 2012 We can collect the TDS at reduced rate then can we collect the TCS at reduced rate?
If Yes then what is the procedure for the same & If No then why? Please Explain...
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CA CS Amit S. Kedia

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CA CS Amit S. Kedia (Expert)
17 August 2012 Yes. TCS at reduced rate can also be collected. Form 13 is to be received from the person we are collecting TCS.

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