TCS refund on car purchase: Who can claim it, how it works, and key rules to know

TCS is a 1% tax on motor vehicles over ₹10 lakh. Buyers can claim a refund when filing their annual ITR, provided they meet ...
Tax Guru

How to Prevent GST Notices with Monthly Reconciliation

The best way to ensure you don’t face GST notice or scrutiny is simple: keep your outward liability, inward tax/ITC, and third-party data (2A/2B, e-way bill, TCS, imports) aligned. Below are the most ...
Indiatimes

Govt defers TDS, TCS under GST to ensure smooth rollout

New Delhi, Jun 26 () With just 4-days left for GST rollout, the government has deferred implementation of TDS and TCS provisions as well as exempted from registration small businesses selling on ...
inc42

GST Council To Clarify Suppliers TCS Liability On ONDC

According to the GST law, every ecommerce operator is required to collect TCS at 1% of the taxable value of goods or services sold through its platform The confusion on the liability of the TCS ...