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tcs-clarification

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(Querist)
10 July 2008 sir pls explain & formalities the tcs(Tax collected sournce)
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CA Anand Sarda

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CA Anand Sarda (Expert)
11 July 2008 Search in share file portal in this site
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Sambu Suresh

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Sambu Suresh (Expert)
11 July 2008 when u make sale like scrap you have to collect the amount on the sales value @ 1% and pay the remaining amount. it is opposite to the tds. like tds is to be deducted on payment of the money. but here u have to collect extra money . sec 206c govern these matters.
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