Question

what is TCS ? Explain it briefly​

Answer 1

Answer:

TCS or Tax Collected at Source is a tax levied by the government of India. TCS is payable by the seller who collects the tax, in turn, from the buyers at the time of sale of goods. These goods or commodities are listed under Section 206C of the Income Tax Act, 1961.

Explanation:

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Answer 2

Answer:

TCS or Tax Collected at Source is a tax levied by the government of India. TCS is payable by the seller who collects the tax, in turn, from the buyers at the time of sale of goods. These goods or commodities are listed under Section 206C of the Income Tax Act, 1961.

Explanation:

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