To enable TCS on sales of goods on a collection-of-payment basis, you must complete three tasks.Turn on the feature through Feature management. Section 206C(1H) states that tax must be collected when the amount is received as consideration for the sale of goods. In other...
As per the interpretation of TCS on sales of goods u/s 206C (1H), tax should be collected ‘at the time of receipt’ . It is clarified under law that TCS on sales of goods will be collected when actual payment is received by the seller. How...
As per the interpretation of TCS on sales of goods u/s 206C (1H), tax should be collected ‘at the time of receipt’ . It is clarified under law that TCS on sales of goods will be collected when actual payment is received by the seller. How...
If you are calculating TCS on accrual, then record a sales voucher for this transaction. If you are choosing TCS on realisation, then record a receipt voucher.Gateway of Tally > Vouchers > press F8 (Sales). Alternatively, press Alt+G (Go To) > Create Voucher > press F8 (Sales). ...
Location Code and T.C.A.N No. fields should not be blank. TCS On Recpt. Of Pmt. Amount can be updated in two different ways. One is you can put the amount directly in this field, else you can go to Action > Function > Get Open Posted Lines For TCS Payment, and select sa...
Section-4: Billing in TallyPrime with GST S4.1 What is GST-a short Introduction to GST S4.2 GST Classifications and Place of Supply S4.3 Recording GST Purchases & Sales – Traditional Method S4.4 Recording GST with Auto Billing, Exclusive GST Ledgers for Input and Output S4.5 Billing Configur...
This will include emerging technologies that will empower businesses in the UK navigate a volatile marketplace, address evolving business needs, and drive growth. The Pace Port will focus on innovation across a cross-section of industries, government priorities and critical national infrastructure, while...
The Apple compilers are based on the compilers of the GNU Compiler Collection. What is synchronized () block in objective c? What is the use of that? The @synchronized ()directive locks a section of code for use by a single thread. Other threads are blocked until the thread exits the pr...
Programmable Over-Current Threshold Fast Transient Response:—400ns Response to Short Circuit Low Quiescent Current —9µA Typical —1µA Max with Switch Off 145mΩ Typical R DS(ON)Only 2.5V Needed for ON/OFF Control Under-Voltage Lockout Thermal Shutdown 4kV ESD Rating 5-Pin SOT23 or...
below.7.2 For the avoidance of doubt, Buyer's acceptance of the Products pursuant to section 7.1 above or otherwise shall not constitute a condition for any rights of Seller, including Seller's right to be paid for the Invoice and/or other sums due to Seller pursuant to the Sales Contract...