Section 206C(1) of the Income Tax Act, 1961 mandates the collection of tax at source (TCS) by sellers related to specific goods. It applies at…
View More Section 206C(1) of the Income Tax Act: Tax Collection at Source (TCS)Tag: Section 206C(6A)
Section 206C(1) of the Income Tax Act: Tax Collection at Source (TCS)
Section 206C(1) of the Income Tax Act, 1961 mandates the collection of tax at source (TCS) by sellers related to specific goods. It applies at…
View More Section 206C(1) of the Income Tax Act: Tax Collection at Source (TCS)Interest Liability for TCS Assessee-in-Default
A TAN holder who fails to collect whole or any part of the tax at source is treated as an assessee-in-default. But, as per provision…
View More Interest Liability for TCS Assessee-in-Default