TCS 01.10.2020
This query is : Resolved
05 October 2020
Respected Sir
I am accountant in Bicks manufacturers With effect from TCS from 01.10.20 how to apply on the Invoice, for example 53000/- ADD GST @ 5% 2650/- Total 55650/- please advise me how to calculate TCS on invoice with example sir.
Thanking
Yours faithfully
S Joshi
I am accountant in Bicks manufacturers With effect from TCS from 01.10.20 how to apply on the Invoice, for example 53000/- ADD GST @ 5% 2650/- Total 55650/- please advise me how to calculate TCS on invoice with example sir.
Thanking
Yours faithfully
S Joshi
05 October 2020
Collect on Rs.55,650. Inference- CBDT Circular 17/2020 dated 29-09-2020.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Reopen of assessment proceeding
- Depreciation of fixed assets- coop housing society in mumbai
- TDS on Consultancy- Non DTAA
- Management System (IMS)
- COMMERCIAL INVOICE FOR MATERIAL AND FREIGHT
- EXPORT BILL UNDER LUT FREIGHT CHARGE INCLUED IN INVOICE IT LIABLE TO TAX
- EPF FULL & FINAL RULES IN 2026
- Reprocessing of rectification order AY 2025-26
- FTS Taxable under 115A
- Foreign lottery ticket bought online from India: legality, tax and consequences
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
