eTCS means A. Enable Tax Collected at Source B. Electronic Tax Collected at Source C. Electric Tax Collected at Source D. None of these

The correct answer is: B. Electronic Tax Collected at Source

eTCS stands for Electronic Tax Collected at Source. It is a system that allows businesses to collect taxes electronically from their customers. This is done by the business providing their customers with an electronic invoice, which includes the amount of tax that is due. The customer then pays the tax electronically, either through a bank transfer or a credit card payment.

eTCS is a more efficient and secure way to collect taxes than traditional methods, such as cash or check. It also helps to reduce tax evasion, as it makes it more difficult for businesses to avoid paying taxes.

Here is a brief explanation of each option:

• Option A: Enable Tax Collected at Source. This is not the correct answer, as eTCS does not enable tax collection. It is a system that allows businesses to collect taxes electronically.
• Option B: Electronic Tax Collected at Source. This is the correct answer. eTCS stands for Electronic Tax Collected at Source.
• Option C: Electric Tax Collected at Source. This is not the correct answer, as eTCS is not a system for collecting electric taxes.
• Option D: None of these. This is not the correct answer, as eTCS is a real system that stands for Electronic Tax Collected at Source.