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tax collected at source
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TCS on Sale of Goods – Increased Compliance Burden on Taxpayers
- September 17, 2020
- Posted by: Ajay Chaurasia
- Category: Legal & Compliances
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TDS and TCS have been a reliable weapon for the Government over the years serving the varied objectives of preventing tax evasion, widening the tax base and ensuring steady revenue collection for the Government. Thus, over the years, the Government’s clear intention has been to bring as many transactions under the ambit of TDS/TCS as possible.