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Income Tax - Highlights / Catch Notes

Home Highlights April 2016 Year 2016 This

Default u/s 206C(6A) - the moment assessee has received form no. ...


Assessee Exempt from 1% TCS Collection Upon Receiving Form 27C; Minor Clerical Errors in Forms Excused.

April 7, 2016

Case Laws     Income Tax     AT

Default u/s 206C(6A) - the moment assessee has received form no.27C from the buyers his liability to collect TCS @ 1% gets away and the assessee should not be deemed to be in default for any minor clerical mistakes in the forms submitted by the buyers - AT

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