If buyer giver seller 27C to save himself from TCS, then is the seller required to just accept and stop charging or is he required to intimate the income tax authorities ?
If buyer giver seller 27C to save himself from TCS, then is the seller required to just accept and stop charging or is he required to intimate the income tax authorities ?
In case of any doubt, the seller must confirm it though IT office. Otherwise no need.
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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CAclubindia
