TCS on Sales of Goods under Income Tax w.e.f 1st Oct 2020 - FAQs and Key Points

CA Umesh Sharmapro badge , Last updated: 12 July 2021  
  Share

TCS is the tax collected by the seller when goods arebeing sold to the buyer. Section 206C of the Income Tax Act lays down the terms and conditions under which tax has to be collected. However, an amendment has been made under Section 206C (1H) which will applicable from 1.10.2020 onwards. Let us un

You have reached daily limit of 2 Free Articles. To view this or other Articles please subscribe to CCI PRO :

GST Plus

Stay updated! Stay ads free

Browse CAclubindia ads free.
Latest updates on WA.
Daily E-Newsletter and much more.

CCI PRO annual subscription :

Original Price : INR 2999/-

Offer Price : INR 1999/-

Duration : 1 year
(Prices Inclusive of GST)


Know More

Note: If you are a PRO member already, please click here to login (for ad free experience)
🤖 Summarize this with AI: 💬 ChatGPT 🔍 Perplexity 🤖 Claude 🔮 Google AI Mode 🐦 Grok

CCI Pro

Published by

CA Umesh Sharma
(Partner)
Category Income Tax   Report

Other Articles  
Comment   Share
4 Likes   24659 Views
Comments

Related Articles


Loading


Popular Articles





Meet our PRO Members
Subscribe to CAclubIndia Pro

Trending Online Classes

view all classess
Follow us

CCI Articles

You can also submit your article by sending to article@caclubindia.com

submit article

Browse by Category