Tag: TCS on sale of goods

In order to remove such difficulties, the Central Government, in exercise of powers conferred under section 206C(1G) of the Act, ...

it is clarified that the provisions of section 194-O of the Act shall not apply in relation to e-auction activities ...

Under Income tax act there is only one section which covers all the transactions on which TCS needs to be ...

TCS on sale of goods was introduced under section 206C(1H) in Budget 2020, wherein a person had to collect 0.1% ...

With Budget 2021, some amendments made with regard to TDS, however no amendment was made in TCS provision. Now let’s ...

Although Tin - NSDL website had added nature of payment/ code for making payment of TCS under the code 6CR ...

Section 206C(1H) - TCS on sale of goods was introduced in Income tax act by Finance Act, 2020 wherein it ...

As we know various new compliances are going to start to from 01.10.2020 in Income tax and GST, one of ...

Sub section 1H to section 206C was inserted by Finance Act, 2020 into Income Tax Act which deals with tax ...