TCS u/s 206C(1H)

What is section & code to be selected while paying TCS u/s 206C(1H) ?
Replies (8)
Quick Summary
This discussion addresses the confusion surrounding the correct payment code for Tax Collected at Source (TCS) under Section 206C(1H) of the Income Tax Act. Users are struggling to find the appropriate option in Challan 281, as the '6CP: TCS on Sale of Goods' code is incorrectly reflecting as 'Remittance under LRS for Educational Loan'. Alternative codes like '6CM' and '6CR' are being suggested. The thread also touches upon how various TCS payments are reflected in Form 27D.

Nature of Payment is "6CP : TCS on Sale of Goods"

But 6CP is reflecting as REMMITENCE UNDER LRS FOR EDUCATIONAL LOAN in Challan 281...

I can't find suitable option while paying TCS under this section.

Have you got any answer , I am also facing same problem

 

Same Problem here....

I think 6CM will be the apt payment code for TCS on Sale of Goods

Itz 6 CR FOR SALE OF ANY GOODS ..

What are various taxes colleceted at source are reflected in Form 27D?

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