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Posted on October 1, 2020October 1, 2020

Major TCS Amendments applicable from 1st October 2020

TCS on High Value sale of Goods - Section 206C (1H) > Applicable on sellers of goods whose turnover exceeds INR 10 crores during the last year. This means that for the provision to be applicable during FY20-21, the sales should have exceeded INR 10 crores during FY19-20.> TCS is to be collected from buyers …

Continue reading "Major TCS Amendments applicable from 1st October 2020"

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