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Tcs on sale of goods and services exceed rs. 200000/-

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(Querist)
30 May 2016 My query is that the new rule of TCS applicable wef 01.06..2016 whether TCS applicable on single transaction exceed Rs. 200000/- or aggregate of Rs. 200000/- during the Financial Year applicable.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
30 May 2016 It is applicable on single transaction exceed Rs. 2,00,000.

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