https://www.taxtmi.com/manuals?id=4512 Tax collection at source on specified receipts arises at the earlier of debit of the amount payable or actual receipt. Resident buyers may obtain non-collection by furnishing Form 127 declaring that goods will be used for manufacturing, processing, production or power generation and not for trading. Collection is excluded for specified foreign remittances and where the buyer has deducted tax at source under another provision, preventing double collection. en-us Thu, 29 Feb 2024 12:26:00 +0530 Sat, 29 Aug 2026 12:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=4512 Tax collection at source on specified receipts arises at the earlier of debit of the amount payable or actual receipt. Resident buyers may obtain non-collection by furnishing Form 127 declaring that goods will be used for manufacturing, processing, production or power generation and not for trading. Collection is excluded for specified foreign remittances and where the buyer has deducted tax at source under another provision, preventing double collection. Manuals Income Tax Thu, 29 Feb 2024 12:26:00 +0530 https://www.taxtmi.com/manuals?id=4512