Regarding TCS


This query is : Resolved 

Quick Summary
There has been some confusion regarding the Tax Collected at Source (TCS) on the sale of scrap. This update clarifies that the TCS rate on scrap sales has NOT been removed. The existing rate of 1% remains in effect for the financial year 2025-26, with no changes implemented.

08 May 2025 TCS ON SALE OF SCRAP HAS BEEN REMOVED FROM FY 2025-26?

08 May 2025 No.
On Scrap Sales (206C): 1% (no change)

16 September 2025 Good luck.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query