Tcs
This query is : Open
irshad ahmed wani
(Querist)
13 October 2018
A PERSON DEALING IN TIMBER TRADING FROM LOCAL MARKET AND HE IS NOT PURCHASE ANY TYPE OF TIMBER FROM LEASE/FOREST DEPARTMENT IS THIS TRADING IN APPLICABLE FOR TCS UNDER SECTION 206 ASPER TCS ACT,1961
PLEASE CLEAR ME
PLEASE CLEAR ME
Ashiwini Ballodia
(Expert)
14 October 2018
TCS will be applicable because TCS applies in 2 cases in cast of timber which are :-
1) Timber wood under a forest leased
2) Timber wood by any other mode than forest leased
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