https://www.taxtmi.com/manuals?id=3890 Tax collection at source must be effected at the higher of two alternatives where the buyer has not filed an income-tax return by the due date: twice the rate otherwise prescribed for the transaction or a fixed percentage floor. This rule applies on account of the buyer's non-filer status and increases the seller's obligation to collect tax on receipt for sale of goods. en-us Thu, 21 Dec 2023 11:06:00 +0530 Thu, 04 Jan 2024 15:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=3890 Tax collection at source must be effected at the higher of two alternatives where the buyer has not filed an income-tax return by the due date: twice the rate otherwise prescribed for the transaction or a fixed percentage floor. This rule applies on account of the buyer's non-filer status and increases the seller's obligation to collect tax on receipt for sale of goods. Manuals Income Tax Thu, 21 Dec 2023 11:06:00 +0530 https://www.taxtmi.com/manuals?id=3890