TCS section reg

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380 Points Posted on 06 November 2020
what is the TCS payment section for goods sales above 50 lacs
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On 06 November 2020 at 11:14 Report
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This discussion clarifies the Tax Collected at Source (TCS) requirements for sales of goods exceeding 50 lakhs. The relevant section is 206C, and the specific nature code for this transaction is 6CR. This information is crucial for businesses to ensure compliance with tax regulations on high-value sales.

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Accountant
86 Points Posted on 06 November 2020
Hi, Sec is 206C and nature code is 6CR.
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On 06 November 2020 at 23:04
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380 Points Posted on 07 November 2020
K thank you
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On 07 November 2020 at 08:29

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