Tcs on foreign currency

136 views 2 replies
we are purchasing foreign currency from authorised dealer for our employee , who are frequently goes to abroad country for business tour purpose.
In this case can to deduct TCS from remittance of foreign currency.
Replies (2)
If you are sending money via LRS scheme , Introduce by RBI , after Certain threshold limit, TCS applicable.
What is LRS scheme & Threshold limit


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register