Who holds the responsibility to collect TCS as per Indian Income Tax Act?

Mitali , Last updated: 27 March 2024  
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The responsibility to collect Tax Collected at Source lies with certain specified persons or entities as mandated by the Income Tax Act. These entities collect tax from the payee at the time of sale or provision of certain goods or services. The collected tax is then deposited with the government.

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Mitali
(Finance Professional)
Category Income Tax   Report

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