Vi Pro Consultancy

*Contact for food Registration certificate/License (FSSAI)*

_Documents required_ :
1. Photo
2. Aadhar card
3. Electricity bill OR rent agreement
4. Firm name
5. Mobile no.
6. Full address of business place

Contact details:

Mr. Suraj Singh
WhatsApp+918619029401
Mail - [email protected]

Here are the details on "20% TCS on Credit Cards"

The procedure to deduct TCS on credit card foreign payments is as follows:

The credit card issuer will collect TCS at the rate of 20% from the credit card holder.

The credit card issuer will issue a TCS certificate to the credit card holder.
The credit card holder will file their income tax return and claim the TCS as a deduction.

The income tax department will refund the TCS to the credit card holder, if the credit card holder has any income tax liability.

The TCS will be adjusted in the income tax return of the credit card holder. The credit card holder will need to provide the TCS certificate issued by the credit card issuer to the income tax department.

The income tax department will then adjust the TCS against the credit card holder's income tax liability. If the credit card holder does not have any income tax liability, the TCS will not be refunded.

The TCS will be refunded to the credit card holder at the end of the financial year. The credit card holder will need to file their income tax return and claim the TCS as a deduction.

The income tax department will then refund the TCS to the credit card holder, if the credit card holder has any income tax liability.

Here are some of the key things to remember about the TCS on credit card foreign payments:

The TCS will be collected by the credit card issuer.

The TCS will be adjustable against the income tax liability of the credit card holder.

The TCS will be refunded at the end of the financial year, if the credit card holder has any income tax liability.

The TCS is not applicable on credit card payments made for education, medical treatment, foreign travel for employment purposes, and foreign travel for business purposes.

ITR 1 & ITR 4 Form is Now Available for Filling of Income Tax Return. So Do not wait for the Last Date hurry up Friends arrange all documents which u reqd for ITR Filling
1.All Bank Accounts Statements (Saving & Current)
2.Pan Card & Aadhaar Card Copy.
3.Previous Year Filled Return Copy.
4.All Deductions Proofs (Like Lic Paid Receipt, Mediclaim Paid Receipt, School Fees Paid Receipt, PPF Account Statement, NPS Paid Receipt etc.......)

Income Tax Return Filling started .........

Due Date : 31.03.2023

Late fees will be applicable after due date.

Feel free to call us.

₹2000 Denomination Banknotes –
Withdrawal from Circulation; Will continue as Legal Tender