TCS Rate Chart as per Income-tax Act 2025 for Tax Year 2026-27 | Biz Flow Kit
Old Section(IT Act 1961) Nature of Collection New Section(IT Act 2025) PERSON TCS Rate Threshold / Remarks GOODS SPECIFIED CATEGORIES (Sec 394(1)) 206C(1) Sale of Alcoholic Liquor for Human Consumption 394(1)[Sl. 1] SELLER 2% 206C(1) Sale of Tendu Leaves 394(1)[Sl. 2] SELLER 2% 206C(1) Sale of Timber obtained under Forest Lease 394(1)[Sl. 3] SELLER 2%…
