Provisions of TCS u/s 206C(1G) not applicable to a non-resident Individual who is visiting India: CBDT

Section 206C(1G) provides the collection of tax at source (TCS) from remittance under the Liberalized Remittance Scheme and on sale of an overseas tour package. The CBDT has notified that provisions of TCS under Section 206C(1G) shall not apply to an individual who is not a resident in India under section 6 and who is visiting India.Section 206C(1G) provides the collection of tax at source (TCS) from remittance under the Liberalized Remittance Scheme and on sale of an overseas tour package. The CBDT has notified that provisions of TCS under Section 206C(1G) shall not apply to an individual who is not a resident in India under section 6 and who is visiting India.taxmann.com Latest Statutory HappeningsRead More

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