WEF from 1/07/2012 TCS is applicacle to sale of coal
My question is wheather individual /Firm also required to Collect TCS or wheather this provison is only applicable to Corporate Assessee
Menu
Tcs on minerals-special
Replies (1)
if seller is an individual then section 206 c is not applicable case Mandan Mohan Gupta Vs Union of INdia 1993 but indvidula whos books are require to be audited u/s 44 AB is require to collect TCS ,
Firm is already coverd under the statutory definition of seller u/s 206 so require to collect TCS
Recent Threads
- Tds deduction queery
- Check ITR1 on income tax Form ITR1 Instead of 1 ho
- Form 121 requirement
- Interest on reversal of ITC when ITC balance avail
- Is MirrorFly an Instant Messaging Software?
- ITR filling for legal heir
- How Can I qualify CA Final Exam?
- Wrong reporting on 22 april 2026 under article inc
- Articeship Form 107
- TAN for Multiple States
Related Threads
CAclubindia
