Form 27EQ – Statement for TCS (Tax Collected at Source) Form 27EQ refers to the quarterly statement of TCS that reflects the details of the TDS u/s 206C of the Income Tax Act of 1961. It can also be called as the statement that furnishes the Tax Collected at Source (TCS). TCS ...
Cancellation of Regular TDS/TCS can be done only if the TAN of the deductor is being revised. When you cancel the regular statement with an incorrect TAN, it is necessary to file a new regular TDS/TCS statement with the correct TAN. Recommended: Due Dates for E-Filing of TDS and TCS ...