Section 206CC deals with Tax Collection at Source (TCS) on the sale of timber otherwise than under a forest lease. This applies to traders or sellers who obtain timber by means other than forest lease such as through auctions or depots.
Understand Section 206CJ of the Income Tax Act, which mandates Tax Collected at Source (TCS) on the sale of specified minerals like coal, lignite, and iron ore. Know the applicable TCS rate, threshold, exclusions, and compliance rules.
Explore Section 206CI of the Income Tax Act which mandates Tax Collected at Source (TCS) on sale of tendu leaves. Learn about applicable rates, exemptions, and compliance details in this DisyTax guide.
Section 206CH mandates TCS on payments related to mine or quarry contracts. Learn about rates, exemptions, filing responsibilities, and more under this provision.
Section 206CB deals with Tax Collected at Source (TCS) on timber obtained under forest lease agreements. This section outlines when and how TCS must be collected from buyers by sellers engaged in timber-related trade.
Explore the applicability and TCS provisions of Section 206CA – Alcoholic Liquor for Human Consumption under the Income Tax Act. Covers updated FY 2025-26 rules, rates, exceptions, and penalties for sellers of liquor for human consumption.
Section 196DA of the Income Tax Act governs the taxation of income earned by a specified fund from securities held by non-residents. This section outlines the applicable TDS rate, conditions for exemption, and key compliance provisions.
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Section 196C governs the tax deduction at source (TDS) on income from foreign currency bonds or shares of Indian companies acquired by non-residents. This guide simplifies the applicability, rates, and exceptions under the Income Tax Act.
Section 196B deals with TDS on income earned by offshore funds from units of mutual funds or UTI purchased in foreign currency. This section applies specifically to non-residents including Foreign Institutional Investors (FIIs). The deduction rate is 10% and compliance is mandatory.
