Tcs non compliance?


This query is : Resolved 

05 November 2011 Hi



What are the consequences of non compliaces of tcs not been collected or collected and not deposited with the CG??



Please support with the section.

06 November 2011 The amount of TCS receivable by the Govt may be recovered from the assessee alongwith interest thereon.

You may refer Section 206C.
Sub-Sections (6), (6A), (7) and (8) deal with the relevant issue.


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