TCS 2020 new provision 206C (1H)


This query is : Resolved 

Quick Summary
This discussion clarifies the correct 'Nature of Payment' selection when making challan payments under the new TCS section 206C(1H). It advises users to select '206CR' and not '206CP' for TCS on the sale of goods. This ensures accurate compliance with the provision.

04 November 2020 Sir,

Please inform us when challan payment made under New TCS section 206C (1H) what is selection Nature of Payment

04 November 2020 6CP TCS ON SALE OF GOODS CAN BE CHOSSED UNDER NATURE OF PAYMENT ALREADY ENABLED IN 281 CHALLAN

31 January 2021 You have to select 206CR not 206CP


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