Reduction in Compliance Burden: TCS on Specified Goods Omitted from April 2025

Last updated: 01 February 2025

Reduction in compliance burden by omission of TCS on sale of specified goods Sub-section (1H) of section 206C of the Act, requires any person being a seller who receives consideration for sale of any goods of the value or aggregate of value exceeding Rs 50 lakhs in any previous year, to collect tax
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Category Union Budget   Report

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