13 October 2018
A PERSON DEALING IN TIMBER TRADING FROM LOCAL MARKET AND HE IS NOT PURCHASE ANY TYPE OF TIMBER FROM LEASE/FOREST DEPARTMENT IS THIS TRADING IN APPLICABLE FOR TCS UNDER SECTION 206 ASPER TCS ACT,1961 PLEASE CLEAR ME
14 October 2018
TCS will be applicable because TCS applies in 2 cases in cast of timber which are :-
1) Timber wood under a forest leased
2) Timber wood by any other mode than forest leased