TCS 206
nirmal paliwal (ipcc) (83 Points)
13 April 2022
MY FIRM SALES IS 11 CRORE AND SALES RETURN IS 2 CRORE IN FY 2122..CAN WE LAIBLE DEDUCT AND COLLECT TDS /TCS
1 Replies
Kesavaraj S
(578 Points)
Replied 13 April 2022
You neither collect TCS nor deduct TDS because you can collect TCS and deduct TDS only if your Net Turnover is above Rs.10 crore and you have to pay TCS specified in the Invoice from your Supplier...
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