OUR TURNOVER IS MORE THAN 10CR W.E.F 01.04.2021 WHEN TCS SHOULD CHARGE ON SALE OF GOODS TO A PARTICULAR DEBTOR WHOSE SALES CROSSED 50 LAKHS IN FY 20-21 OR IN FY 21-22 WE SHOULD WAIT TILL REACH 50 LAKHS SALES AND THEN CHARGE TCS. CONFUSSION OF CHARGING TCS TO DEBTORS IN FY 21-22.
TCS ON SALES OF GOODS
P.Lingam (Accountant) (75 Points)
02 April 2021
CAclubindia
