Tag Archives: TCS

TCS -Tax Collected at Source -Complete Guide

TCS -Tax Collected at Source Table of Contents on TCS Sr No Contents 1.1 Who is responsible to collect tax at source under section 206C 1.2 Specified goods in Section 206C(1) 1.3 Who is a seller under Section 206C 1.4 Who is a buyer under Section 206C 1.5 Certain lessors/licensors are also covered 1.6  Cash… Read More »

TCS Govt A/c : Revised time and mode of Payment

CBDT has revised rule 37CA of Income tax Rules as per [Notification No.30/2016, F.No.142/29/2015-TPL Dated 29.04.2016] w.e.f 01.06.2016 CBDT has inserted sub-rule Rule 3A and 3B and amended Sub Rule- 3 & 4 of Income Tax Rule-37CA. Revised Rule 37CA w.e.f 01.06.2016 is as follow :- Time and mode of payment to Government account of tax collected at… Read More »