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 Topics :
- Last day for ITR-U for AY 2023-2024 (FY 2022-2023)
- Sale of shares in indian company by a non resident
- Difference in TIS
- GSTR-9C Upload Status Error Occured
- “Income Tax Implications of Company-Related
- Advice needed: Hypothetical case of non-filing of
- Demand Raised for Cess Amount Despite Section 89 R
- WRONG BILL NO FILED IN GST R1
- Addtional trade name for my another firm
- Commission / Agency Business without books: REAL E
Related Topics :
CAclubindia
