Tag Archives: section 206c amendment by finance bill 2020

New TCS u/s 206C on foreign remittance ,selling of overseas tour package & TCS on sale of goods over a limit.

By | February 3, 2020

Widening the scope of section 206C to include TCS on foreign remittance through Liberalised Remittance Scheme (LRS) and on selling of overseas tour package as well as TCS on sale of goods over a limit. Source Union Budget 2020 Download Section 206C of the Act provides for the collection of tax at source (TCS) on business… Read More »