How to manage TCS under the new section 206C (1H) of the IT Act?

Welcome to the Community, @steels.arham.

Currently, Tax collected at Source (TCS) is not yet supported by QuickBooks Online (QBO). I highly suggest consulting an accountant or accounting professional. They can provide some alternative ways on how to properly manage TCS in the system.

If you want to learn more about managing GST in QBO, consider checking out these articles:

• How GST impacts QuickBooks users.
• Setting up QuickBooks for GST.

In the meantime, I recommend visiting our Blog site. This is where we share recent happenings and future developments, such as updates to newly added features.

Please leave a comment below if you have any other questions or concerns. I'm always here to help. Have a good one!