Tcs

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Querist : Anonymous

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Querist : Anonymous (Querist)
02 June 2015 A trust sale a scrap of Rs 18000. 00 in F.Y.14-15 is it liable for TCS and what is the Procedure and accounting entry to be passed. Till the date no any other TCS entry passed.

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Querist : Anonymous

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Querist : Anonymous (Querist)
02 June 2015 A trust less deducted to his employees salary is it any affect the employer tds Return.
If the employee paid self assessment tax then employer's liability is nil?

03 June 2015 TCS will not be applicable. TCS is applicable only for Scrap generated from manufacturing activity.

03 June 2015 tcs to decuted from on scrap sale on mfg. and mechanical activity.


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