Form 27C (under Section 206C)

TDS TDS Return Forms
1

You have an article on form 27c for not collecting tcs under 206C when we sell specified goods to end user.

But how do we submit this form 27c ? Couldnt find any such process online …neither the local income tax office knows anything abt it. What to do ?

2

@KrishnaAgarwal Hi,

Form 27C declaration shall be furnished in duplicate to the person who is responsible to collect tax (i.e Seller.) Then, seller shall deliver to the Chief Commissioner or Commissioner, one copy of the declaration referred to on or before the seventh day of the month next following the month in which the declaration is furnished to the seller.

Here are some of the tax provisions to keep in mind along with declaration of Form-27C:

I hope, it will suffice to you!

4

Can anyone tell me what is the late fees for filling delayed 27C

5

Hello @123456789,

There is no due date to file Form 27C and hence no late fees. You can file 27C anytime during the financial year. However, we would suggest you file the same at the beginning of the financial year.

Hope this helps!