Tcs 1%
Rajesh Bhanushali (fdwdsds) (28 Points)
20 May 2016
hello
I would like to know is there any new amendment applicable from 01.06.2016 of TCS 1% should be deducted on payment received in cash on sale of goods/provision of any services*xceeding Rs.2 Lac?
If Yes, how is the Tax deducted and how is this paid to Government.
what is cash is received in bank more then 2 Lacs? will TCS be deducted?
CAclubindia
