Chemistry, asked by bdhibar007, 10 months ago

what is tax collection at source?

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Answered by abhi3023

4

Answer:

Tax collected at source (TCS) Tax collected at source (TCS) is the tax payable by a seller which he collects from the buyer at the time of sale. Section 206C of the Income-tax act governs the goods on which the seller has to collect tax from the purchasers.

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