TCS under income tax applicable from 01.10.2020

285 views 1 replies

Hi

 

Kindly guide if person is contractor and providing service like manpower and house keeping services to company and Already Tds deduction

by company on regular basis from contractor Whether contractor providing services to the company need to deducts Tcs from company @ .

01% or not when gross receipts crossed 50 lakhs from single company in previous year 2020-2021 which is applicable from 01.10.2020.

Whether TCS provisions are applicable to service provider and contractors providing services wef 01.10.2020?

 

Replies (1)
Provisions of TCS u/s 206(1H) is not applicable in respect of services (applicable only in respect of sale of goods)

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 04 June 2026
Article

Rakhecha & Co.

New Delhi

CA Inter

View Details
Company
24 June 2026
Senior Account (VA Client Operations)

Karbon Business

Bengaluru

CA Inter

View Details
Company
29 June 2026
ACCOUNTANT

SANDEEP AASHISH & CO

Araria

B.Com

View Details
Company
20 June 2026
Assistant Accounts Manager

Fintax Professionals

Gurgaon

CA Inter

View Details
Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details
Company
ARTICLESHIP 09 June 2026
Article Trainee

Numbertree LLP

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 27 June 2026
CA Articled Trainee And Paid Assistant

SKAA & Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 30 June 2026
Article Assistant or Paid Assistant

VIKAS VERMA & CO

New Delhi

Others

View Details