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

Last updated: 09 October 2020

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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.

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XLSX 1.7 MB 0 downloads Income Tax

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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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Submitted by CA. Arvind Shrivastva · Posted 09 October 2020 · Other files by CA. Arvind Shrivastva · Report

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