TCS

Income Tax

Section 206C(1H): Area of decision making for company management and business owners for smooth implementation of TCS on sale of goods

TCS provision would apply on all sale consideration (including advance received for sale) received on or after 01- 10-2020 even if the sale was carried out before 01-10-2020. With effect from 01-10-2020, the Finance Act,...

Editor - October 2, 2020

Finance

Form 26AS : Now more than just taxes paid history of the Assessee!!

“Question: Hey! What is your Tax History? Are you compliant and paying Income tax properly?? Tax Payers (before): I do pay taxes regularly, but I need to check with my accountant whether there are any defaults with...