​​​​​​​Notification of certain persons or class of persons as exempt from TCS (TAX ADMINISTRATION)

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..... ng in alcoholic liquor, forest produce, scrap etc. 2. Representations have been received that there can be entities whose income is exempt from taxation and are not required to furnish returns of income. However, they face difficulty as tax is being collected on transactions carried out by them. They state that there is no provision in the Act for them to be exempted from the TCS provisions. 3. It .....

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