Tag: TCS 206C(1D) cash components

CBDT amends TCS Rules. Amount received or debited on which TCS was not collected from buyer to be reported   MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES)   Notification 54/2020   New Delhi, the 24th July, 2020   INCOME-TAX   G.S.R.464(E).—In exercise of the powers conferred …

TCS us 206C1D applicable on cash component of payment only Circular No. 23/2016 F. No.370142/17 /2016-TPL Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes (TPL Division) New Delhi, dated the 24th June, 2016 Subject: Amendment in Section 206C of the Income-tax Act vide Finance …