Hi,
recently we have sold some scrap of Rs 15000(old & useless material) & will receive cash for the same. is TCS applicable for us @ 1% No other transaction during the year.
Hiral Mehta (Job) (118 Points)
27 April 2017Hi,
recently we have sold some scrap of Rs 15000(old & useless material) & will receive cash for the same. is TCS applicable for us @ 1% No other transaction during the year.
Piyush Tanwar
(Assistant Manager - Accounts)
(1432 Points)
Replied 27 April 2017
TCS is not applicable .
sivaram
(Asst Mgr-Taxation)
(6918 Points)
Replied 27 April 2017
TCS is applicable only on manufactured sraps
Ajit Hegde
(CA - Final)
(1367 Points)
Replied 27 April 2017
GST Live Certification Course (39th Batch) - April 2024 (Weekend Batch) (With Certificate)
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"
CAclubindia
