Tcs

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Guest

Guest (Querist)

06 June 2012 what are the consequences of non collection of Tax (i.e. TCS)on the sale of timber woods?

thanx in advance

VIKAS KUNDU (Expert)
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07 June 2012 Seller shall be liable to pay interest and he/it shall be deemed to be 'assessee in default'.

Guest

Guest (Querist)

08 June 2012 what can happen if the assessee becomes assessee in default?

VIKAS KUNDU (Expert)
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10 June 2012 TCS shall be recovered from assessee along with interest.

Guest

Guest (Querist)

12 June 2012 thanx Mr. Vikas Kundu

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