Dipjyoti Majumdar (CA in service & CS. dipmaj@ rediffmail.com ) (3468 Points)
11 July 2016Friends
I draw your kind attention to section 206C(1D) on collection of tax at source for provision of sevices / sale of goods.
The Act provides that the scheme shall not be applicable for certain class of buyers who would fulfil prescribed conditions.
Has there been any notification issued as on date ie 11/07/2016.
Regards,
Dipjyoti
Dinesh Mertiya
(PROFESSIONAL)
(761 Points)
Replied 11 July 2016
Dinesh Mertiya
(PROFESSIONAL)
(761 Points)
Replied 11 July 2016
Circular No. 22/2016 regarding TCS
Dinesh Mertiya
(PROFESSIONAL)
(761 Points)
Replied 11 July 2016
Dipjyoti Majumdar
(CA in service & CS. dipmaj@ rediffmail.com )
(3468 Points)
Replied 12 July 2016
Friends
Please refer to section 206(1E) of the Act 1961 as amended by Finance Act 2016. It states ‘ nothing contained in sub section 1D in relation to sale of any goods (other than bullion or jewellery) or providing any service shall apply to such class of buyers who fulfil such conditions as may be prescribed.’
My query is if any such conditions referred to in section 206C(1E) have been notified till date by Department.
Regards
Dipjyoti
Dipjyoti Majumdar
(CA in service & CS. dipmaj@ rediffmail.com )
(3468 Points)
Replied 12 July 2016
Friends
Please refer to section 206(1E) of the Act 1961 as amended by Finance Act 2016. It states ‘ nothing contained in sub section 1D in relation to sale of any goods (other than bullion or jewellery) or providing any service shall apply to such class of buyers who fulfil such conditions as may be prescribed.’
My query is if any such conditions referred to in section 206C(1E) have been notified till date by Department.
Regards
Dipjyoti
Ashish P Mehta
(Article Assistant)
(48 Points)
Replied 12 July 2016
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"
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