Tcs applicablity

naresh (ca) (20 Points)

11 February 2021  

i had received some money as advance against sale saomething approx 2cr, now i am making invoice for that sale so does tcs applicable on this sale?

in my view tcs is applicable on receipt of money and in this case money is recived before this provision came so no tcs will be applicable.

 

kindly suggest your views