TDS vs TCS
TDS is deducted from the payment made by buyer to seller
whereas
TCS is collected in payment received by seller from buyer
Showing posts with label TDS. Show all posts
Showing posts with label TDS. Show all posts
Friday, 2 October 2020
TCS on Sale of Goods Sec 206C (1H) inserted by Finance Act 2020
Webtrickz.In
October 02, 2020
0
Clarification on doubts arising on new TCS provisions
Webtrickz.In
October 02, 2020
0
There are reports in certain sections of media wherein certain doubts have been raised regarding the applicability of the provisions relating to Tax Collection at Source (TCS) on certain goods introduced vide Finance Act, 2020. This press note is being issued to clarify those doubts about the applicability of these provisions.
Sunday, 8 September 2019
TDS rule on cash withdrawal wef 1st September 2019
Webtrickz.In
September 08, 2019
0
| We would like to update you about the new TDS Rule on Cash withdrawals as per amendment in the Income-tax Act. |
| A TDS of 2% on Cash Withdrawal will be applicable if |
