Tcs on sale/purchase
This query is : Resolved
30 May 2016
DEAR EXPERTS,
I WANT TO ASK WHETHER THE TCS ON SALE/PURCHASE EXCEEDING RS.200000 IS ON A SINGLE BILL AMOUNT OR CONSOLIDATED AMOUNT IN A SINGLE YEAR.?
I WANT TO ASK WHETHER THE TCS ON SALE/PURCHASE EXCEEDING RS.200000 IS ON A SINGLE BILL AMOUNT OR CONSOLIDATED AMOUNT IN A SINGLE YEAR.?
30 May 2016
TCS will applicable to one person, due to TCS deducted with the person if you make transaction during the year exceeds the amount as specified then tcs will applicable.
30 May 2016
WITH SINGLE PERSON, AMOUNT SHALL BE IN RESPECT TO SINGLE BILL OR ON A WHOLE?
30 May 2016
It will be in respect of single bill.
Message likes :
1 times
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
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- ITC temporary reversal and reclaim
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- GST on export of services and Input Credit
- TDS U/S. 194NF
- Applicable TDS rate for sale of property in Nov 2024
- RCM INVOICING FROM NOV-2024
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
- Strategical investment in Public listed company
- CASE INTIMATION OF LIABILITY UNDER SECTION 73(5)(Rule 142(1A)
- Need to correct "Whether it is last installment " response in Form 26 QB
Trending Online Classes
CAclubindia
