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TCS Section 206C
Tax invoice ke against credit note issue hua h to kya TCS amount less karna padega
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Quick Summary
Tax Invoice and credit note are in a same month, you can adjust
Under Section 206C TCS rules, sellers must collect TCS from the buyer. Now, this section has an exemption. Under section 206C of the Income Tax Act, if a resident of India purchases goods for manufacturing or producing other items instead of trading, such goods will not attract tax.
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