tcs
This query is : Resolved
02 June 2016
please clarify me one thing, while applying tcs (exceeds 2 lacs one bill), part paid cash and part paid by chq , then on full bill tcs has to be collected by seller or not.
Rupesh Jain
(Expert)
02 June 2016
as per law tcs collected on invoice exceeds rs. 2 lacs , if you received any part in cash then you have to collect the
TCS.
TCS.
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