Tcs
This query is : Resolved
09 June 2016
Dear sir , as per new clarifications given by CBDT vide circular 22/2016 , if I purchase 8 Lakhs car , what is the cash payment limit to avoid the TCS under section 206(C)(1D).
09 June 2016
TCS will be levied if even a single amount is paid in cash as per section 206(C)(1D)
09 June 2016
you have to pay by cheque/DD etc.
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