Mysore/Mysuru: With the Finance Act 2020, Tax Collection at Source (TCS) on sale of Goods has been introduced by the Government with effect from Oct. 1, 2020 under Section 206 C (1H) of the Income Tax Act, 1961. Following are the few tips for TCS: i) Any seller whose business turnover during the FY 2019-20…
Fix onus of tax collection on revenue staff, officers: Former Mayors
January 30, 2020Mysuru/Mysore: Former Mayors have asked the Mysuru City Corporation (MCC) to mobilise its tax collection and at least meet the target this time. Lamenting that every year, the MCC fails to meet the target, they urged the civic body to fill the coffers so that developmental works can be initiated without depending much on State…
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