Tax Collected at Source (TCS)

By | July 11th, 2017|Categories: Basic TCS|

What is Tax Collected at Source (TCS)? Tax Collected at Source (TCS) is income tax collected in India payable by the seller who collects in turn from the buyer and it is provided under section 206C of Income Tax Act, 1961 at the sale of some goods which are specified. The TCS Rate is different for each [...]