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TCS Credit in Advance Income Tax

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(Querist)
15 June 2022 My client has made payments to a Dubai person for Property purchased in Dubai. On these payments Bank has collected TCS so should I consider the TCS credit while calculating and payment of Advance Tax just like TDS ? Pl Guide, Regards.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
15 June 2022 Yes, consider the TCS while making payment of advance tax.
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
15 June 2022 You may consider. Section 209(1)(d) may be referred to.
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