Is Tax Collected at Source (TCS) applicable in respect of Scrap? If any latest ammendments regarding TCS, please let me know.
Is Tax Collected at Source (TCS) applicable in respect of Scrap? If any latest ammendments regarding TCS, please let me know.
YES , TCS IS APPLICABLE ON SCRAP @ 1%.
TCS is applicable on scrap @ 1%
For more details refer Section 206C of IT Act, 1961
Is TCS applicable on sale of empty Cement bags?
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Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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