Sale of property

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

10 June 2016 Sir,

Reciept of cash payment exceeding 2 lakh rupees for sale by any person of goods or services of any other nature,to be reported by person liable to tax audit under44.Sir can u provide me what this clause states about any other nature

Rupesh Jain

Rupesh Jain (Expert)
Follow

10 June 2016 for Individual or Hindu undivided family (HUF) ,whose books of accounts are liable to be audited under section 44AB of Income Tax Act. they have to collect the TCS ,. on other no condition they have to collect TCS. value exceeds Rs. 2 lcas then TCS will applicable.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Angadi & Co

SHUBHANGI GOEL

SUMAN SAHA

AJAY Kumar Agrawal

Pawan Haryani

Subscribe Now

Sale of property

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

CA Final

Manager- Finance and Compliance

Accountant

GST CONSULTANCY

Article Assistant

GST CONSULTANT