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TCS Claiming

08 November 2021

Hi,

We paid TCS for Mining Section 6CJ for the FY 20-21. The same amount is showing in IT Portal, but thus amount is not reflected in to be claimed columns (I meant not shown in TCS/TDS paid part)

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4 Replies

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (172415 Points)
Replied 08 November 2021

Manually add to the column, to claim it.

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CA. Sourav Sarkar (Chartered Accountant ) (24583 Points)
Replied 08 November 2021

Add manually

debora M (BUSINESS DEVELOPMENT MANAGER) (1697 Points)
Replied 08 November 2021

tax collected at source (TCS) is the tax payable by a seller which he collects from the buyer at the time of sale. Section 206C of the Income-tax act governs the goods on which the seller has to collect tax from the purchasers. TDS/TCS credit received' tile is provided for all taxpayers from whom tax has been deducted or collected at source by registered TDS deductors/TCS collectors respectively. After deduction/collection all the deductors/collectors are required to file GSTR-7 or GSTR-8 respectively before 10th of the succeeding month

Mohanraj J (1174 Points)
Replied 08 November 2021

DEAR Sir, In the Income Tax Portal ; Schedule TCS Details of Tax Collected at Source as per form 27D issued by collectors is showing INR 5769 with deductors TAN.
But, this value is bot showing in Refund.
Tax Payable Liabilities is NIL.