TDS-QUIZ

Chaya enterprises, benguluru has collected tax collected at source (TCS) from customers Manoj distributors, Bengaluru. Which certificate has to be issued by Chaya enterprises to Manoj distributors for collecting TCS and remitting it to department.

• 27d
• 27c
• 27a
• 27e

TCS needs to be charged by Chaya Enterprises, Bengaluru, When the company turnover has exceeded by _______ crores in the previous financial year.

• 10 cr
• 5 cr
• 50 cr
• 25 cr

National Traders sells 100 laptops to Alfa Traders despite probing multiple times, Alfa Traders has not provided their PAN to National Traders. What is the rate of TCS that National Traders should charge on this sale to Alfa Traders.

• 0.01
• 0.001
• 0.02
• 0.002

National Traders, Mumbai needs to file Tax Collected at Source (TCS) quarterly return in the form.

• 27EQ
• 26EQ
• 28EQ
• 29EQ

TallyPrime customers can experience e-Invoicing in Release 1.1.4 by uploading invoice to __________ for testing purposes only.

• Sandbox
• Invoice furnishing facility (IFF)
• GST portal
• Tool box

Chaya Enterprises, Bengaluru is eligible to charge Tax Collect at Source (TCS) as per law. Company has to collect Tax Collected at Source (TCS) on _____________ basis.

• Realisation
• Accrual
• Yearly
• Quarterly

Shiva Sai Enterprises, Bengaluru is not liable to collect Tax Collected at Source (TCS) when goods are sold to ________________.

• Central Govt. & State Govt.
• Private Limited Company
• A Company
• A Partnership Company

Tax Collected at Source (TCS) amount collected by Shiva Sai Enterprises, Bengaluru for the current month is payable to Department on or before ___________ day of next month.

•  7th
• 22nd
• 20th
• 10th

National Traders, Mumbai must collect TCS when selling to ___________.

• Raj enterprises, Mumbai
• Wallmart, USA
• Maharashtra Govt.
• BMC (Brihan Mumbai Municipal Corporation)

Deepak Traders, delhi has to collect tax collected at source (TCS) from 1st oct 2020 on sales of any goods once the threshold of 50 lakh is crossed by its customers. What is the percentage of tax collected at source (TCS) to be charged.

• From 1st oct 2020 to March 2021 : with PAN – 0.075%, without PAN – 0.75%, 1st April 2021 onwards : with PAN : 0.1% and without PAN : 1%
• Rate : with PAN : 1.0%, without PAN : 10.0%
• With PAN : 0.01%, Without PAN : 0.1%
• Rate : with PAN 0.2%, without PAN : 2%