Tax collection at source
This query is : Resolved
17 June 2016
1)
206(ID) SAYS THAT TCS RATE APPLICABLE TO CAR (IF< 2 LAKHS) IS 1%
206(IF) SAYS THAT TCS RATE APPLICABLE TO CAR (IF<10 LAKHS) IS 1%
WHICH ONE TO TAKE EITHER 2 OR 10 LAKHS.
2)
HOW TCS IS APPLICABLE TO PARKING LOT ?
IT IS NORMALLY NOT SEEN
3)
if person make payment through cash-60000 and cheque- 180000
whether tcs is applicable?
206(ID) SAYS THAT TCS RATE APPLICABLE TO CAR (IF< 2 LAKHS) IS 1%
206(IF) SAYS THAT TCS RATE APPLICABLE TO CAR (IF<10 LAKHS) IS 1%
WHICH ONE TO TAKE EITHER 2 OR 10 LAKHS.
2)
HOW TCS IS APPLICABLE TO PARKING LOT ?
IT IS NORMALLY NOT SEEN
3)
if person make payment through cash-60000 and cheque- 180000
whether tcs is applicable?
17 June 2016
if you buy exp. or purchases excess Rs. 2 lacs in cash then TCS will applicable.
on car its excess Rs. 10 lacs , the TCS will applicable , payment mode no matter.
on this not on customer its toll collection and how received the toll then apply.
on car its excess Rs. 10 lacs , the TCS will applicable , payment mode no matter.
on this not on customer its toll collection and how received the toll then apply.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Itr 1 processing
- Reporting Income under Section 44ADA
- Off Market debit and credit transaction
- ITR 2 Short Term gain & Long term gain
- ITR validation error - Balance sheet is not filled
- Short Term Capital gain on shares bought and sold after 2018 onwards
- Form 10E u/s 89(1). Need clarification because experts opinions differ !!!!
- ITR returnFY25-26
- INCOME TAX ON REDEVELOPEMENT OF FLAT
- ITR 1: Details for showing Exempt Income
- Registration as Authorised Representative of minor
- Article ship defecit
- Bank Accounts in Balance Sheet for ITR 3
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
