Tcs
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
24 May 2013
What is the treatment of TCS in the hands of buyer??
can they claim it as expense??
anyone...pls reply.....
can they claim it as expense??
anyone...pls reply.....
24 May 2013
It is not an expense for the buyer. It's like TDS, which he can claim as refund or can get adjusted against his income-tax liability.
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