Plz sumbdy help me to know whether TCS to be collected if the amount is below taxable limit.
Plz do provide any autheticated circular/ extract from the act if u have any..
Thanx in advance...
1 Replies
Manoj Mehta
(Head Of Department (Accounts & Finance))
(1479 Points)
Replied 19 March 2014
Dear yasmin as per sec 206c there is no such limit mentioned hence it should be collected from source. Regards
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