Regarding TDS and TCS

TDS 161 views 2 replies

Dear sir,

I want to know if my turnover was less than 10 Cr last year and one of my customer's sales transactions was above 3 Cr, so my question is whether in this case, TDS should be deducted by the customer.

 

Replies (2)

Yes, only if His turnover exceeded the specified limit in preceding year.

Tds is applicable.


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