The revised Tax Collected at Source or TCS regulations concerning remittances and foreign travel are being implemented starting from October 1. Under the new regulations, a 5 per cent TCS is ...
According to the advisory, the correction statements for TDS and TCS can only be filed for Q4 of FY 2018-19 up to Q3 of FY 2023-24 until March 31, 2026. Earlier, the 6-year duration permitted for the ...
TCS is the tax collected by the seller from the buyer It isn’t an additional tax You can claim it back while filing ITR Do you know that from October 1, the Government of India (GOI) will levy 20 per ...