TDS vs TCS | TCS on Sale | TDS on Purchase | Section 206C(1H) vs 194-Q of Income Tax

Sir tds or tcs deposit karne ki process batay onlie

Agr hme samne vali company se koi declaration Lena hai toh uski condition kya h

Hmne kisi company ko bill no. 002 sale Kiya jispe buyer tds deduct kr rha hai toh kya seller uspe tcs collect kr skta hai??

Sir ,How less 1% TCS from if total bill was 20 lakh

Sir apne bola tcs receipts pe applicable hota hai, but jb hum purchase karte hai kisi supplier se, wo toh invoice amount including gst pe tcs charge karte hai. I'm confused

Sir mera International debit card transaction 7 lakh limit ke above transaction hone ke karan TCS 70 thousand kat gaya hai. Income-tax Act, 1961, Section 206C rule, Tax Collection at Source (TCS) par. to ye pura claim ho jayega kya .koi issues to nahi ate ?

206C (1H) kab lagega

Dought is if supplier collect tcs from us what about 194q applicable or not

VERY GOOD EXPLAINATION SIR

Sir sale of machine other than vehicle cost approx 10 lakhs + is TCS applicable or not

Sir please clarify about including or excluding GST in both cases !!!! Also applicable financial year sir !!!

TDS or TCS dono taxable amount per deduct hoga ?

Sir my Taxable value Rs 9,53,02,523
Total GST 49,11,558.00 Total 100214087.00. TDS or TCS effect me ?

Sir debit note credit note

Superb

🙏❤

Very nice explained 👌👌

Thank you sir.... 🙏👍

Thanks

Can get TDs and TCS tally entry pdf format

Sir mere ek question tha agr meri company hai or m 50 lakh se uper ka good purchase krta hu to m TDs katunga or jo sale kr rha hai wo tcs katega to sir ye match kaise hoga

Sir agrr ap isee copy pe likh k smjaa dete ki ek purches amount itna hai ispee aise TDS ya TCS lg rha hai like asie

I have done the payment as TCS 1.0% (Rs.10790) to KIA motors on purchase of KIA SONET (ex showroom price Rs.1079000).

KIA motors (seller) will deposit the Rs.10790 (TCS) to government after collecting this amount from buyer (from me), right ?

Now my question is :

1) How can I claim for refund of Rs.10790 ?
2) Is the amount will be reflecting in my form 16? as a advance tax paid ? or I need to file the ITR separate for Rs.10790 ?

I am confused, please expla

No doubt Sir, all confusion is clear sir. Thank you 🙏🙏

Can we add tcs on sale bill

Seriously damn good video this the best video of both the confusing topic side by side.
Very very great job sir..

sir section 206 cr
tcs sale
and tcs purchase
dono rightoff hongy k nhi. plz ans .

Sir my firm turnover below 10 cr but transaction in more than 50 lakh I’m liable TDS /TCS

VERY HELP FULL VIDIEO SIR AGAIN THANK YOU

BHAUT HI SUPER VIDIEO SIR SARA CONFUSION DUR HO GYA BAKI KE CHENNEL VALE TO PURA GHUMA FIRA KE BTA RHE TE NICE EXPLAIN SIR THANK YOU VERY MUCH

Sir , suppose tradelink pvt ltd (y) and distribution pvt(x) Ye do company mar 2021 mai merged Hue xy , dono ki financial statements x ke nam se hue F.Y.2020-21 ,or gst y company ki alag Raha (x - company Non Gst product distributor) o1.04.2021 to 30.06.2021 tradelink ki gst alag Raha fir July 2021 se dono ki ek sath hi gst return jare (x) gst or non gst , to ye case mai tds on purchase , tcs on sale , purchase or sale value 50 lakh kab se grahit karna April 2021 se ya July 2021 se plz🙏🙏🙏 reply about this

nice teaching sir. thank you

Hi sir Mera new entity hai but ek party ka sale above 50lakh ho gaya hai to ye sections kaise applicable hoga pls advice

Overall This is The Most Stupidest TaxLaw Ever. GST was there, Income Tax was there. Then they introduced this Complex Process of TDS TCS 0.1% On every Purchase Bill. Sala Admi Dhanda Kare yaa In sab me hi laga rahe.

Both Buyer And Seller Exceeds 10Crore of Turnover. Now Who Should Apply TCS. Or Who Should Deduct TDS. ? Major Confusion.

Thank you sir. Very clearly explained you..No confusion.

Sir buyer ki turn over 10 cr hai or seller ki turn over 10 cr nahi hai or 50 lac cross bhi nahi karte hai to kya TDS TCS katega

Sir if party detucted tcs on sale we can also detucted tds on purchase on that bill

Sir we are the importer, our previous year turnover didnt cross the limit but most of the invoices cross the limit of 50000 from the particular supplier in 2021-22, so can we able to Deduct tds?

sir i want to conform that which challan use to pay tcs on the time of payment

sr ji gold jab purchase krte hai to bhav do rahte hai 1 to tds ka bhav or 1 tcs ka bhav tds ka bhav 50 ru kam rahata hai ot tds ka bhav 50 ru jayada rahata hai
main 10 crod se uper nahi aata isliye main tds main aata hu party ke phone aate hai ki mene tds nahi bharwaya

Useful video Sir

Nice

Tanks sir

Sir tcs and tds in manufacture factory in full detail link available

Good knowledge 👍

Thank you so much for your valuable information, Sir.

Sir gold labour Bill Mai TCS Lagta he kya