TCS CREDIT

This query is : Resolved 
Quick Summary
This discussion addresses whether TCS (Tax Collected at Source) shown on the GST platform can be claimed as input credit. The consensus is that TCS can be availed as credit after filing the TDS/TCS return. Clarification is sought on whether the credit is to be taken under GST or Income Tax.

Profile Image

Profile Image

(Querist)
14 January 2020 Hi,
Please let me know whether we can avail TCS as input credit, as our online customers are showing TCS in the GST platform.

Please reply back asap.
Profile Image

RAJA P M

Profile Image

RAJA P M (Expert)
15 January 2020 Yes... After filing of TDS/tcs return
Profile Image

Amol S Joglekar

Profile Image

Amol S Joglekar (Expert)
15 January 2020 please let me know where do you want to take credit of TCS? under GST or under income tax?
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries


Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Pro Member B L BhojwaniB L BhojwaniPro Member kopparapu bheemaraokopparapu bheemaraoPro Member THUSHAR MURALI KRISHNATHUSHAR MURALI KRISHNAPro Member RAJENDRA PARAKHIRAJENDRA PARAKHIPro Member Krishna Kumar AKrishna Kumar A
Subscribe to Pro
Join an elite circle of professionals



Answer Query



Quick Links



Browse by Category