Budget 2020 – TCS Provisions

Budget 2020 - TCS Provisions The provisions of ‘Tax Collection at Source’ i.e. TCS are covered under Section 206C of the Income Tax Act. The Finance Bill 2020 has proposed insertion of two new Sub-section namely (1G) and (1H) to…

Form 27EQ – TCS Return

Form 27EQ - TCS Return Form 27EQ contains all details pertaining to tax that is collected at source. According to Section 206C of the Income Tax Act 1961, this form must be filed every quarter. The form has to be…