Tcs under scrap

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Mandeep Kumar (Querist)
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03 March 2012 what is the last date of deposit tcs of last quarter and the last date of return of tcs of last quarter under income tax act ?

if basic amount = 100
vat 5% = 5
loading / unloading exp = 10

then we deduct tcs either on Rs 100 or 115 under scrap sale

what will be tcs amount in that case ?

CA. Ranjit Yadav, FCA

CA. Ranjit Yadav, FCA (Expert)
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04 March 2012 All Relevant provision of TDS applicable regarding deposit and submission of return for TCS.
Date of Deposit of TCS- 30th April
Date of Submission of Qtr Return- 15th May

Mandeep Kumar

Mandeep Kumar (Querist)
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05 March 2012 ok sir

please also tell me on which amount i should deduct tcs (100 or 115) under scrap sale in my above example ?

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CA. Ranjit Yadav, FCA

CA. Ranjit Yadav, FCA (Expert)
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05 March 2012 on gross amount charged to buyer