banner_ad

TCS in bill and tds applicable

746 views 3 replies
Hamari turnover 10 crore Se Jyada Hai aur hum Apne vendor se TDS Katate Hain Ek party ne bill mein TCS lagak aur vah TCS Hamare 26as mein bhi show kar raha hai jabki Humne use party se TDS Kata hai aur payment ki hai kya Hamen vah TCS claim karna chahie ya nahin kripya bataen
Replies (3)

Yes, you are eligible for the TCS collected by party. Generally when TCS is collected, TDS liability doesn't exist on the same transaction.

My liability of TDS but one party levied TCS in bill and I deduct tds TCS amount is showing in my 26AS can I claim it

Yes, you can claim it while filing ITR.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details