TMI BlogTCS @1% ON ROUNDING OFF AMOUNTX X X X Extracts X X X X X X X X Extracts X X X X ..... Hello sir/madam 1. We are buying IML from KSBCL, Karnataka and Retail sellers in Karnataka. KSBCL is rounding off (AROED per unit) while fixing MRP. But KSBCL is not charging 1% TCS on AROED amount an ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d the AROED amount is showing separately in the invoice. Now, our question is whether the invoice raised by them excluding TCS on AROED amount is correct or not. Will it affect us at a later stage? re ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... gards PRUTHVI NARAYAN - TCS @1% ON ROUNDING OFF AMOUNT - Query Started By: - PRUTHVI NARAYAN Dated:- 9-1-2025 Income Tax - Income Tax - Discussion Forum - Knowledge Sharing Tax Management India - ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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