TCS ACCOUNTING

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..... Dear All, One of our supplier deduct TCS on bill of goods supplied on 31.3.2021,which was received by us on 3.4.21 TCS is showing in form 26AS .of FY 2021 1)is it mandatory to books TCS amou .....

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..... nt as is showing in form 26AS ,if yes, then how as we have not received materials in that particular year.??? 2) can we pass entry of TCS only without purchase entry??? please provide your view .....

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..... Thanks - Reply By DR.MARIAPPAN GOVINDARAJAN - The Reply = You may book on the previous financial year on accrual basis. If you book in the subsequent year you may take the credit of TCS in the .....

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..... previous financial year. It is my view. Any other view, if any, is solicited. - TCS ACCOUNTING - Query Started By: - PAWAN BANSAL Dated:- 13-7-2021 Accounting - Auditing - Got 1 Reply - Companies .....

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..... Law - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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