Reduction in Compliance Burden: TCS on Specified Goods Omitted from April 2025

Last updated: 01 February 2025 Follow on Google News

Reduction in compliance burden by omission of TCS on sale of specified goods Sub-section (1H) of section 206C of the Act, requires any person being a seller who receives consideration for sale of any goods of the value or aggregate of value exceeding Rs 50 lakhs in any previous year, to collect tax

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CCI News Desk

Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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