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Tcs

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Querist : Anonymous

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Querist : Anonymous (Querist)
26 July 2012 is tcs applicable on high sea sales?
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CA BHARATH KUMAR

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CA BHARATH KUMAR (Expert)
27 July 2012 India is defined in section 2(25A)
If the transaction is in India as so defined then TCS will be applicable if the conditions in section 206C are met in respect of the transaction.

one doubt i have it between resident or not?
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Querist : Anonymous

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Querist : Anonymous (Querist)
28 July 2012 yes it between residents.
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