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Tcs on cash dealling
As per new amendment, TCS of 1 % has been levied by government. My query is cash payment should be 200000/- or bill amount .
Suppose bill amount is Rs. 210000/- & only 10000/- is paid by cash that TCS will be collectable or not if yes on which amount it will be collected i.e. on 10000/- or 210000/-.
Please suggest ASAP
Replies (2)
Refer below link,
Dear Sir,
Thank You for replying my query . But I have one more query regarding this. If we have collected the TCS what will be the procedure for depositing the same . Last date & others.
How the byer will take credit of the same.
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