Tax Collected at Source on Foreign Remittance

TCS Refund on Foreign Remittance: How and When to Claim It

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TCS on Foreign Remittance: A Brief Overview TCS (Tax Collected at Source) is a tax levied by the seller on specific transactions, which is then deposited with the tax authorities. Under Section 206C of the Income Tax Act, TCS applies to certain goods and services sold, and the seller is responsible for collecting and depositing … Read more