[QUOTE=SmartAshi84;2818289]While I know this is not a FR but this is an issue we all going to face in future if we look to keep using SA in future. GOI has proposed that 20% TCS shall be collected against every foreign transaction done by credit cards. This TCS shall reflect in the AIS / Form 26 and shall be adjusted against your total Tax outgo at the time of ITR.
If this is implemented, I am sure many of us will surely not subscribe to SA in future as reflection of this subscription in any official documents is something none of us wants.
If anyone has any idea about how to circumvent this rule, please share your thoughts.
Also debit cards are already a part of LRS so TCS will be applicable on them too.[/QUOTE]Paying through google playstore may work. I paid in April and it does not show in my form 26/ AIS.
