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Sunday, February 08, 2026

Tag: 206C

Budget 2024-25 | TDS / TCS – proposed changes

In the recently announced Budget on 23rd July, 2024, there are quite a few proposals related to TDS / TCS. These have been summarized in…

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Changes in Tax Collection at Source (TCS) in Budget 2012

Introduction: As per the provisions of Section 206C, tax is required to be collected at source by the seller at the specified rate on certain…

View More Changes in Tax Collection at Source (TCS) in Budget 2012

Late Filing of TDS Statement Made Very Costly !

No filing or late filing of TDS return or TDS statement shall invite two penal consequence as the Finance Bill 2012-13 has inserted two new…

View More Late Filing of TDS Statement Made Very Costly !

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