Budget 2024-25 | TDS / TCS – proposed changes
In the recently announced Budget on 23rd July, 2024, there are quite a few proposals related to TDS / TCS. These have been summarized in this article. Highlights: Reduction /… Read more »
Tag: 206C
Changes in Tax Collection at Source (TCS) in Budget 2012
Introduction: As per the provisions of Section 206C, tax is required to be collected at source by the seller at the specified rate on certain goods like alcoholic liquor, tendu… Read more »
Late Filing of TDS Statement Made Very Costly !
No filing or late filing of TDS return or TDS statement shall invite two penal consequence as the Finance Bill 2012-13 has inserted two new provisions fee for late filing… Read more »