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TCS Rates For AY 2022-23

AY 2022-23: Challan Code, nature of receipts, and applicable TCS rates

TCS Rates For AY 2022-23 have changed and will apply for the whole year (subject to any change by the government)
TCS Rates For FY 2021-22

FY 2021-22: Challan Code, nature of receipts, and applicable TCS rates

TCS Rates For FY 2021-22 have changed and will apply for the whole year (subject to any change by the government)
TDS and TCS Rates For FY 2021-22

FY 2021-22: Applicability of TDS/TCS Rate and Threshold

In FY 2020-21, the government has announced a package of Rs. 20 Lakhs crore in which TDS rates were revised and cut by 25%. For this, the effective dates were 14 May 2020 and it remained applicable till 31st March 2021.
TDS and TCS Rates For AY 2022-23

AY 2022-23: Applicability of TDS/TCS Rate and Threshold

In FY 2020-21, the government has announced a package of Rs. 20 Lakhs crore in which TDS rates were revised and cut by 25%. For this, the effective dates were 14 May 2020 and it remained applicable till 31st March 2021.
TDS and TCS Rates applicable from 1st April 2021

FY 2021-22: Applicability of TDS/TCS Rate and Threshold from 1st April 2021

In FY 2020-21, the government has announced a package of Rs. 20 Lakhs crore in which TDS rates were revised and cut by 25%. For this, the effective dates were 14 May 2020 and it remained applicable till 31st March 2021.
Section 206CCA of the Income Tax Act 1961

Section 206CCA: Higher Rate of TCS for non-filers of Income Tax Return

Section 206AB and Section 206CCA - Special provision of TDS and TCS for non-filers of Income Tax Return at Higher Rates.
Section 206C (1)- TCS on sale of goods

New Provision of TCS on sale of goods- TCS Section 206C (1H)

Under Income Tax, Tax Collection at Source (TCS) has the provision for collecting a certain percentage of tax from the buyer. Finance Act 2020, has amended some of the provision of section 206C by inserting a new subsection (1H). Under this
Revised TCS rates for FY 2020-21

Know the Revised TCS rates for FY 2020-21 | AY 2021-22

In the month of May 2020, Current TCS rates were revised and cut by 25%. For this, the effective dates are 14 May 2020 and it remains applicable till 31st March 2021