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  • Question
  • ETCS means


  • Options
  • A. Electronic Tax Collected at Source
  • B. Electric Tax Collected at Source
  • C. Enable Tax Collected at Source
  • D. Electrical Tax Collected at Source

  • Correct Answer
  • Electronic Tax Collected at Source 

    Explanation

    Tax Collected at Source (TCS) is income tax collected in India payable by the seller who collects in turn from the buyer and it is provided under section 206C of Income Tax Act, 1961 at the sale of some goods which are specified.

    E - TCS  is the process of filing TCS returns through electronic media. It is necessary for government and corporate collectors to file TCS returns in its electronic form. Collectors (other than government) have the provision to file TCS returns in physical form or electronic form.

  • Tags: Bank Exams, CAT, Analyst, Bank Clerk, Bank PO

    More questions

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    • Options
    • A. SEBI
    • B. Ministry of Finance
    • C. RBI
    • D. All of the above
    • Discuss
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    • Options
    • A. CTRL + Q
    • B. CTRL + ESC
    • C. CTRL + T
    • D. CTRL + P
    • Discuss
    • 3. Where can you define the icon for your Activity ?
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    • 4. A website main page is called

    • Options
    • A. start page
    • B. bookmark
    • C. search page
    • D. browser page
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    • 5. Standard deviation measures which type of risk?

    • Options
    • A. Non diversifiable
    • B. Economic
    • C. Systematic
    • D. Total
    • Discuss
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    • 7. Who is responsible for maintaining the Accounts receivable in an organization?
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    • 8. What are the components of DataStage?
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    • 9. Credit sales are recorded as

    • Options
    • A. Accounts Receivable
    • B. Accounts Payable
    • C. Both A & B
    • D. None of the above
    • Discuss
    • 10. Which of the following is not a function of a Warehouse?

    • Options
    • A. Ensuring Profit
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    • D. Storage
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