Avail 20% discount on updated CA lectures for Dec 21 .Use Code RESULT20 !! Call : 088803-20003

ICICI

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Maayank (Manager)     29 July 2021

TCS deducted on Foreign Remittance - ITR Query

TCS has been deducted for remittance above 10 Lakh which I did last year to the UK. That was for some overseas trading. I took a personal loan to spend that money so not sure if I can claim back the TCS. Can I show that TCS as the tax paid already in my IT Return and claim a refund? 

The form 26AS  mentions the TCS under category - 206 CQ - Collection at source on remittance under LRS for purpose other than for purchase of overseas tour package or for educational loan taken from financial institution



 0 Replies


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register  


Related Threads


Loading
Start a New Discussion

Popular Discussion


view more »







Subscribe to the latest topics :
Search Forum:

Trending Tags