https://www.taxtmi.com/article/detailed?id=932 Impose Tax Collection at Source on purchases of agricultural produce by traders and commission agents at progressive rates, with a lower flat rate where the seller has PAN and a de minimis exemption for small purchases; collected TCS would be adjustable against the farmer's income tax liability and refundable if excess, and the scheme would create a database to prompt return filing and enable targeted enquiries into potential non agricultural taxable income. en-us Mon, 30 Aug 2010 00:00:00 +0530 Tue, 31 Aug 2010 08:17:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=932 Impose Tax Collection at Source on purchases of agricultural produce by traders and commission agents at progressive rates, with a lower flat rate where the seller has PAN and a de minimis exemption for small purchases; collected TCS would be adjustable against the farmer's income tax liability and refundable if excess, and the scheme would create a database to prompt return filing and enable targeted enquiries into potential non agricultural taxable income. Articles Income Tax Mon, 30 Aug 2010 00:00:00 +0530 https://www.taxtmi.com/article/detailed?id=932