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Cash receipt more than 100000 in case of retail business

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(Querist)
20 October 2012 Dear sir,
We are in retail business and having cash receipt of more than one lacs.
Is tds applicable on these transaction?
Pls provide income tax ruling on same

Best Regards
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CA AYUSH AGRAWAL

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CA AYUSH AGRAWAL (Expert)
20 October 2012 Cash receipts Have No Nexus With TDS.

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