tcs u/s 206C

  • Income Tax

TDS on sale of scrap u/s 206C not dependent on if seller himself is manufacturer or not

Sale of scrap not generated from a manufacturing/mechanical process not liable to TCS u/s 206C of the Act although to…

1 month ago
  • Income Tax

CBDT clarification & FAQs on TCS on LRS and on purchase of overseas tour program package

CBDT clarification & FAQs on changes in Tax Collection at Source (TCS) on Liberalised Remittance Scheme (LRS) and on purchase of…

1 year ago
  • Income Tax

A Reasonable limitation period applicable to Order u/s 206C for failure to deduct TCS

A reasonable limitation period is applicable to Order u/s 206C for failure to deduct TCS although no limitation is prescribed…

1 year ago
  • Income Tax

FAQ on TCS rates under LRS using International Credit Card for foreign trip expenses

FAQ on applicable TCS rates subsequent to Spending on International Credit Card on foreign trip expenses brought under FEMA Rules…

1 year ago
  • Income Tax

Credit for TCS made in the hands of partner allowed to partnership firm

Credit for TCS made in the hands of partner allowed to partnership firm. If ultimate conclusion on application u/s 154…

1 year ago
  • Income Tax

CBDT Guidelines on TDS provisions u/s 194O, 194Q & 206C

CBDT Guidelines under sub-section (4) of section 194-O, sub-section (3) of section 194Q and sub-section (1H) of section 206C of…

3 years ago
  • Income Tax

CBDT Guidelines-Applicability of TDS u/s 194-O(4) and TCS u/s 206C 1H from 01.10.2020

  CBDT Guidelines on applicability of TDS u/s 194-O(4) and TCS u/s 206C 1-H from 01.10.2020   F. No.370133/22/2020-TPL Government…

4 years ago
  • Income Tax

CBDT amends TCS Rules. Amount on which TCS not collected from buyer to be reported

CBDT amends TCS Rules. Amount received or debited on which TCS was not collected from buyer to be reported  …

4 years ago
  • Income Tax

Trader in scrap not liable to collect TCS u/s 206C if scrap not result of manufacturing

Trader in scrap not liable to collect TCS u/s 206C if scrap not a result of manufacturing ABCAUS Case Law…

4 years ago
  • Income Tax

Tahbazari is not covered under TCS provisions u/s 206C(1C). Toll plaza are different from Tahbazari

Tahbazari is not covered under TCS provisions u/s 206C(1C).  Toll plaza does not include Tahbazari as there is no toll…

6 years ago