Calculation of TCS on Receipts against Sale 206C(1H)


Quick Summary
This spreadsheet helps you calculate Tax Collected at Source (TCS) on receipts from sales, specifically under Section 206C(1H) of Indian tax law. It provides a clear framework for tracking customer receipts up to a certain date and calculating the monthly TCS liability. The file includes fields for customer names, total receipts, and the TCS amount to be deposited, using a TCS rate of 0.075%. This tool is invaluable for businesses needing to accurately manage their TCS obligations and ensure compliance.

File details
XLSX 1.7 MB 0 downloads Income Tax
File description
This file will help you to manage and calculate the TCS payable amount in each month up-to March-20. You just need to fill the Receipt amount against sale (for any year) from 1st April 20 to 30th Sep-20 and there after monthly Receipt amount from customer. Please let me know in case of any discrepancy @ shrivastvaarvind@gmail.com and for unprotected sheet. #xlsx
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