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TCS On Sale

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08 July 2021 I Have query if i make a bill 1st Feb 2021 (FY 2020-2021) and add tcs in this invoice but payment received in may 2021 (FY 2021-2022) so when i tcs deposited Jan 2021 or June 2021 ?

08 July 2021 Tax to be collected at source against receipt of sale consideration. If payment is received in May, TCS to be remitted by 7th June.



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