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Tcs on cash dealling

Others 296 views 2 replies
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,

/forum/details.asp?mod_id=360606&offset=1

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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