Everything You Need to Know About TCS (Tax Collected at Source)
Tax Collected at Source (TCS) is a provision of the Income Tax Act, 1961 that requires certain persons to collect a specified percentage of tax from their buyers on certain specified transactions. The tax collected is then deposited with the government. The purpose of TCS is to ensure that tax is collected on income that …
Everything You Need to Know About TCS (Tax Collected at Source) Read More »