Tag Archives: TCS on Sale of Timber

TCS on sale of Imported Timber

By | July 30, 2015

Question Whether  TCS on sale of Imported Timber should be collected from the buyers ?   Answer: yes, Tax at Source has to be deducted on sale of Imported timber as Section 206C does not draw any distinction between timber grown in india and timber imported from abroad HIGH COURT OF KERALA Hillwood Furniture (P.) Ltd. v. Income-tax… Read More »