TCS Section 206C(1H): what it is and how you can manage it in Zoho Books
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Allen Joseph Abraham Allen Joseph Abraham
Posted Nov 17, 2020 4 min read
TCS Section 206C(1H): what it is and how you can manage it in Zoho Books

Tax Collected at Source (TCS) was originally introduced under Section 206C of the Income Tax Act, 1961. It was applicable on the sale of specific goods and on transactions between specific entities as defined by the act. In the past year, the Government of India introduced new provisions for TCS under Section 206C as sub-section...

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