Tax collected at source

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Querist : Anonymous (Querist)
10 October 2012 whether tax collected on sale of coal and given on purchases of coal set off available or not ??

10 October 2012 No set off available. When you collect TCS you have to deposit and file Quarterly return in form 27EQ. When TCS is collected from you will get certificate and you can claim the same while filing your Income Tax return.



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