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Tcs

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(Querist)
09 June 2016 Dear sir , as per new clarifications given by CBDT vide circular 22/2016 , if I purchase 8 Lakhs car , what is the cash payment limit to avoid the TCS under section 206(C)(1D).
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CA SUNIL K GARG

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CA SUNIL K GARG (Expert)
09 June 2016 TCS will be levied if even a single amount is paid in cash as per section 206(C)(1D)
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Rupesh Jain

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Rupesh Jain (Expert)
09 June 2016 you have to pay by cheque/DD etc.




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