can tcs credit be claimed?
314943
TDS can be deducted by a bank on interest income paid to you or by your tenant. TCS (tax collected at source) could have been paid by you if the motor vehicle you purchased was worth more than Rs 10 lakh. Credit of TCS during the year has to be claimed in your ITR in a manner similar to that for TDS.
1405009
Any excess deduction/payment in excess of the tax liability is thus refundable. TDS is deducted by the person from whom I receive Income. TCS is deducted by the seller from whom I avail notified products/ services. ... Any excess deduction/payment in excess of the tax liability is thus refundable.
821906
However, if the parents have a qualifying agreement for the noncustodial parent to claim the child, the noncustodial parent who claims the child as a dependent is eligible to claim the Child Tax Credit. A parent can claim the child tax credit if their filing status is Married Filing Separately.
1012843
Is Pension Credit the same as the state pension? You may be able to claim Pension Credit when you reach state pension age, but it's not the same thing as the state pension. You may be eligible for Pension Credit if your weekly income is below a certain amount and needs boosting.
1437280
Health Insurance Tax Credit. ... This is known as Tax Relief at Source (TRS). However, in some limited situations TRS does not apply, for example, where an employer pays the medical insurance premiums on behalf of an employee. This is treated as a Benefit in Kind and PAYE, PRSI and USC are due on the total amount.
1310306
Portability is a key in TCRS. Service and salary earned with any employer in TCRS will count toward your eligibility for retirement and benefit calculation. TCRS is a well-funded, secure pension plan with plan assets totaling over $43 billion. Retirement benefits are based on a formula that includes salary and service.
920081
Answer: If they otherwise meet all of the requirements to claim the earned income tax credit (EITC), unmarried parents with a qualifying child may choose which parent will claim the credit. ... One parent may claim the credit based on both children.
451304
If you are permanently removing or exporting a car from the State, you may be able to claim a repayment of the VRT that had been paid previously. Information about the Export Repayment Scheme and claim forms are available on revenue.ie.
1316071
To claim the credit, you'll need IRS Form 5695. ... You should keep your receipt for the appliance as well as the Manufacturer's Certification Statement, so you can prove your claim if the IRS ever conducts an audit. Just remember, you can reduce your taxes with the energy tax credit, but you can't get money back.
183221
This program allows you to combine service credit in two systems to meet retirement eligibility. ... For example, if you have one year with TRS and two with TMRS, you have accrued three years toward both retirements. Each participating System has its own procedures for administering retirement benefits.
1106769
Generally speaking, you can't claim a tax credit for the amount you paid in rent. There are, however, a few exceptions to this rule. For instance, if you're eligible to claim one of the following benefits or credits, you'll be able to claim the rent you paid during the year on your return: Ontario Trillium Benefit.
1354259
To make a claim for compensation, visit the TSB complaints website. You will need to provide a few details, such as your bank account or credit card number, and how the system failure affected you. ... Early reports suggest that TSB is giving some customers an inconvenience fee of between £25 and £50.
297934
['To revise the return, now you have to download the FVU file from website.', 'Open the website. ... ', 'Choose the Option TAN Registration.', 'Type your login details.', 'Select TDS / TCS and then / View Consolidated file.', 'Type Details.', 'Fill the question asked.', 'After filling the required details, you can able to download the FVU File.']
511679
If you are operating a Canadian business and registered for the GST/HST, you can get back the GST/HST you've paid out during a particular reporting period by claiming it through input tax credits (ITCs) on your GST/HST return.
60840
['Go to https://onlineservices.tin.egov-nsdl.com/TIN/JSP/security/Login.jsp. Enter your User ID and insert the DSC token. Login using eToken Name and Password and system launches upload screen.', 'Go to Upload > TDS/TCS.', 'Enter TAN/TFC ID, File Reference Number, Date and click on Submit button. System shows the status.']
270957
CGST: The CGST input tax credit cannot be used to pay the SGST liability but can be used to pay the liability under CGST. Further, the balance of CGST credit available can be used to pay the IGST liability. ... Further, the balance of SGST credit available can be used to pay the IGST liability.
264753
1. Tax collected at source (TCS) Tax collected at source (TCS) is the tax payable by a seller which he collects from the buyer at the time of sale. Section 206C of the Income-tax act governs the goods on which the seller has to collect tax from the purchasers.