27C TCS QUERY
This query is : Resolved
26 January 2023
I AM SELLER OF SCRAP BUYER GIVE US FORM NO 27C BUT WE FORGET TO UPLOAD FORM ONLINE NOW WHAT IS SOLUTION
29 January 2023
Sec.206C(6A) proviso: A person shall not be deemed to be an assessee in default u/s.
206C(1) & (1C) if:
• The buyer has filed his return of income u/s. 139
• has taken into account such amount for computing income in such return of income; and
• has paid the tax due on the income declared by him in such return of income,
• The buyer will have to furnish CA Certificate in Form No. 27BA electronically.
For more details Refer:: https://taxguru.in/income-tax/format-ca-certificate-furnish-case-failure-deduct-tds-tcs.html
206C(1) & (1C) if:
• The buyer has filed his return of income u/s. 139
• has taken into account such amount for computing income in such return of income; and
• has paid the tax due on the income declared by him in such return of income,
• The buyer will have to furnish CA Certificate in Form No. 27BA electronically.
For more details Refer:: https://taxguru.in/income-tax/format-ca-certificate-furnish-case-failure-deduct-tds-tcs.html
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