Miss Rinkal
(Student)
(1304 Points)
Replied 05 September 2015
TCS is applicable on sale of bullion exceeding 2 lakhs and on jewellery beyond 5 lakhs
And it has to be taken on transaction basis and not on the basis of yearly basis
J. K. Ratan
(Compliance Advisor)
(794 Points)
Replied 05 September 2015
Agreed with Rinkal..............
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