https://www.taxtmi.com/article/detailed?id=6885 The amendment to Section 206C(1D) extends TCS to cash receipts for services but expands the definition of seller to include service providers while the buyer definition remains limited to acquisitions of goods, creating a drafting mismatch. This leads to uncertainty whether a service recipient qualifies as the person from whom TCS must be collected and whether the term "sale consideration" properly applies to service receipts, rendering the service-provider TCS obligation doubtful and in need of legislative correction. en-us Wed, 06 Jul 2016 18:11:34 +0530 Wed, 06 Jul 2016 18:11:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=6885 The amendment to Section 206C(1D) extends TCS to cash receipts for services but expands the definition of seller to include service providers while the buyer definition remains limited to acquisitions of goods, creating a drafting mismatch. This leads to uncertainty whether a service recipient qualifies as the person from whom TCS must be collected and whether the term "sale consideration" properly applies to service receipts, rendering the service-provider TCS obligation doubtful and in need of legislative correction. Articles Income Tax Wed, 06 Jul 2016 18:11:34 +0530 https://www.taxtmi.com/article/detailed?id=6885