TCS exemption
This query is : Resolved
28 April 2021
Dear Experts,
according to sec 206C(1H) , Receipt of sale consideration of Rs.50 Lakhs exemption limit is applicable only for F.Y 2020-21 or it is applicable for every year.
Thanks in advance.
Regards,
Bheema Reddy.
according to sec 206C(1H) , Receipt of sale consideration of Rs.50 Lakhs exemption limit is applicable only for F.Y 2020-21 or it is applicable for every year.
Thanks in advance.
Regards,
Bheema Reddy.
28 April 2021
THE LIMIT IS FOR A FINANCIAL YEAR. IN FUTURE GOVT MAY REDUCED THE LIMIT.
LIMIT IS APPLICABLE FOR EVERY YEAR.
LIMIT IS APPLICABLE FOR EVERY YEAR.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Errors in lTDS FORM 26 QB FILING FOR Last instalment payment FOR HOUSE PROPERTY PURCHASE
- TDS deposited by party after the filing of income tax returns
- Regarding Capital gain of NRI
- Address Proof Required Gst Registration in UP
- Reg Correction Form 15CB & 15CA
- Gstr9 fy23-24
- LATEST NOTIFICATION RCM ON RENT
- RCM liability / ITC statement
- What is the Solution if UPDATED Return139(8A) is Invalid? Or how to Valided Return?
- Foreign assets include NRE & FCNR deposits maintained in India ?
- GSTR9 ITC AVAILED CLARIFICATION
- Tax on sale of mhada redevelop flat
- Gstr9 2023-24
- Wrong itc ingstr-3b coloum4-b-1
- Reclaim input disclose in annual return 23-24
- How to re-claim and offset the ITC in 3B rtn.
- How to determine Holding period of shares in the case of ( Listed shares)
- How to capital Gain in the case sale of shares after after right issue (STCG and LTCG)
- Capital in the case of sale of shares after Merger or Demerger
- Adjusted from Capital account
Trending Online Classes
-
6 days Certification Course on GST Practical Return Filing Process
CA Pratibha Goyal16 December 2024
CAclubindia
