TCS section
Luhit Dey (Learner) (51 Points)
11 June 2020
What is Section 206 CD under TCS? Shall it be counted as income?
4 Replies
Dhruv Shah
(Article Student)
(357 Points)
Replied 11 June 2020
Hey there , TCS is simply Tax collected at source which the seller has to collect from the buyer at the time of sale of specified goods and deposit to the Government. It will not be counted as income.
Luhit Dey
(Learner)
(51 Points)
Replied 11 June 2020
Here I'm asking about section 206CD? Kindly note it...
Dhruv Shah
(Article Student)
(357 Points)
Replied 11 June 2020
Okay , I don't find any section like 206CD ! Can you provide more information about it?
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