Dear Sir/Madam,
My client has doing coconut trading business.his total turnover below 5 crores for a FA. Now he sold more than 50 lakes for one of his customer. So does he TDS need to be paid ?
5 Replies
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177961 Points)
Replied 02 November 2021
No. TCS u/s. 206C(1H) is applicable only if the turnover becomes more than 10 Crs. in previous FY.
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