TCS on Cash Transactions by Finance Act 2016
TCS on Cash Transactions Finance Act, 2016 imposed TCS on cash Transactions i.e on cash sale of goods or services with effect from 1-6-2016. Finance Act 2016 has made the following amendments in section 206C of the Act : New Section 206C(1D) of Income Tax act imposing TCS on cash Transactions is as follow Every person, being… Read More »