In the Include GST tax component for TDS or TCS calculation field, include the GST tax component if it's part of the calculation of the TCS base amount. If charges aren't part of the TCS calculation, in the Exclude charges for TDS or TCS calculation field, select Yes...
Under withholding tax group user has an option to include the GST Tax component and Charges to include in base amount for TCS calculation. There was a lot of confusion about the implementation of this feature, To remove doubts arising on the ap...
TCS and TDS have some similar and dissimilar features. TDS refers to tax that is deducted when recipient makes some payments under a contract etc.
Therefore, TCS that is collected on the sale consideration must include GST.In the withholding tax group, you can include the GST tax component and charges in the base amount for TCS calculation.PAN-based accumulation of transactions for multiple customers...
Under withholding tax group user has an option to include the GST Tax component and Charges to include in base amount for TCS calculation. There was a lot of confusion about the implementation of this feature, To remove doubts arising on the ap...
In theInclude GST tax component for TDS or TCS calculationfield, include the GST tax component if it's part of the calculation of the TCS base amount. If charges aren't part of the TCS calculation, in theExclude charges for TDS or TCS calculationfield, selectYes. ...
In theInclude GST tax component for TDS or TCS calculationfield, include the GST tax component if it's part of the calculation of the TCS base amount. If charges aren't part of the TCS calculation, in theExclude charges for TDS or TCS calculationfield, selectYes. ...
Under withholding tax group user has an option to include the GST Tax component and Charges to include in base amount for TCS calculation. There was a lot of confusion about the implementation of this feature, To remove doubts arising on the a...
In the Include GST tax component for TDS or TCS calculation field, include the GST tax component if it's part of the calculation of the TCS base amount. If charges aren't part of the TCS calculation, in the Exclude charges for TDS or TCS calculation field, select Yes....