Income tax
This query is : Resolved
rahul narang
(Querist)
15 February 2012
Why tcs was implemented by the government of india?
CA PARAS BAFNA
(Expert)
15 February 2012
As the purchaser of such commodities/goods are mainly from unorganised sector and it is difficult to them in the tax net. Such persons earn income but chances of revenue collection are minimal.
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