TCS on sale of goods not collected
Rajat jain (student) (206 Points)
30 April 2024please guide
Rajat jain (student) (206 Points)
30 April 2024
CA Raj Doshi
(Practising CA)
(8799 Points)
Replied 30 April 2024
Rajat jain
(student)
(206 Points)
Replied 30 April 2024
CA Raj Doshi
(Practising CA)
(8799 Points)
Replied 01 May 2024
Yes interest payable @ 1 p.m. and the same is disallowed under IT Act
Rajat jain
(student)
(206 Points)
Replied 01 May 2024
CA Anoop Kumar Sharma
(Accounts Manager)
(614 Points)
Replied 01 May 2024
Only interest part will be disallowed, if you have paid TCS amount before due date of filing of ITR(Income Tax Return).