Tcs payable or not
Pavan Kumar (Student CA IPC / IPCC) (91 Points)
24 February 2017Pavan Kumar (Student CA IPC / IPCC) (91 Points)
24 February 2017
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177869 Points)
Replied 25 February 2017
Yes, along with 1% interest per month of default as per section 206C(6).
For details: Refer: /articles/amendment-in-tcs-u-s-206c-1d-of-income-tax-act-1961-27028.asp and
https://www.ta xmann.com/applicationsoftware/news/circular222016.pdf