How to Check TCS on Forex transactions and foreign travel?

How to Check TCS on Forex Transactions and Foreign Travel

October 10, 2023Posted inAIS, Annual Information Statement, Annual Information Statement (AIS), Foreign Travel, Forex Transactions, Form 26AS, Form 27D, Income Tax Act 1961, Tax Collected at Source, Tax Deducted at Source, Tax Information Statement, TCS CertificateNo Comments
Starting from October 1, 2023, a Tax Collected at Source (TCS) rate of 20% will be imposed on all foreign payments, except those related to medical and educational expenses. This…