TCS On sale of Goods - New Income Tax Compliance w.e.f 1st October 2020

Ishita Ramani , Last updated: 14 July 2021 Share Follow on Google News

With a view to widen the tax-net, the Indian government has extended the scope of Tax Collected at Source (TCS). The Government of India has added a new sub section (1H) in section 206C which would be called section i.e. 206C (1H) of the Income Tax Act, 1961 with regardto Tax Collection at Source.

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About the Author

Ishita Ramani

Director - Operations

She is a young woman entrepreneur and currently the Operations Director at ebizfiling India Private Limited. In her entire career so far, she has led a team of 50+ professionals like CA, CS, MBAs, and retired bankers. Apart from her individual experience on almost every facet of Indian Statutory Compliance, she has bee ... Read more

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