NEW TCS ON SALE OF GOODS - CALCULATOR | TCS AS PER NEW PROVISIONS OF SECTION 206C (1H)

From October 1, 2020, our Government has introduced a new provision for collecting TCS for the sale of goods and depositing the same to the Government. These provisions are given in Section 206C (1H) of the Income Tax Act and here we are discussing this provision in a very simple language with some practical examples so that the Taxpayers can understand the New provisions and follow them easily since it is a new provision. further to make it easy for all my viewers, I have developed an excel utility "TCS Calculator as per provisions of section 206c (1h)" through which you can check whether these new TCS provisions are applicable to you or not & you will also be able to know how much TCS you have to collect from the buyer.

Download Excel Utility from here: - [ Ссылка ]

Download NEW TCS Press Release from here: - [ Ссылка ]

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DISCLAIMER ********
This video is merely a general guide meant for learn­ing purposes only. All the instructions, references, content, or documents are for educational purposes only and do not constitute legal advice. We do not accept any liabilities whatsoever for any losses caused directly or indirectly by the use/reliance of any information contained in this video or for any conclusion of the information. Prior to acting upon this video, you're suggested to seek the advice of your financial, legal, tax, or professional advisors as to the risks involved that may be obtained and necessary due diligence, etc may be done at your end.

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