NATURE OF PAYMENT FOR TCS SEC206CH PAYMENT 6CM OR 6CN


This query is : Resolved 

Quick Summary
This discussion addresses the correct nature of payment to select for TCS SEC206CH payments, specifically for codes 6CM or 6CN. With the '6CP' nature now designated for remittances under LRS for educational loans, users are seeking guidance on the appropriate choice. The consensus suggests using either 6CM or 6CN, as these codes will correctly filter TDS returns. The availability of the '6CR' code for TCS on the sale of goods is also noted.

06 November 2020 DEAR ALL.

WHAT NATURE OF PAYMENT TO BE SELECTED FOR TCS SEC206C1H PAYMENT 6CM OR 6CN

AS NOW 6CP NATURE IN INCOMETAXPORTAL IS REMITTANCE UNDER LRS FOR EDUCTAIONAL LOAN

PLEASE GUIDE

06 November 2020 Use 6CM or 6CN not a problem filt tds return rightly it will be accepted.

06 November 2020 6CR code available for deposit of tcs on sale of goods in tin nsdl website.


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