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Querist : Anonymous

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Querist : Anonymous (Querist)
10 June 2016 Can anyone let me know, w.e.f. 01.06.2016, whether t.c.s. is to be deducted on cash sales exceeding 2 lacs ? Or any sales exceeding 2 lacs ?
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C.A. Girish R Dalwadi

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C.A. Girish R Dalwadi (Expert)
10 June 2016 only on cash sales on any goods/ services provided by all except individual/huf does not cover under 44AB. ind./huf not liable for tax audit need not to deduct TCS.

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