TCS us 206C(1H)

NARAYAN CHANDRA BHOWMIK (49 Points)

12 August 2021  
X , a seller having turnover exceeding Rs.10 Crore for each of FY 2019-20 and 2020-21 has made TCS on Rs.20 lacs in case of sales 70 lacs for his customer Y in FY 2020-21. Now in the 1st quarter of FY 2021-22 sales to Y is Rs.10 lacs.
My Query is that whether X is liable to make TCS on Rs.10 lacs.