TCS AO SALES
This query is : Resolved
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26 April 2021
Sir,
we charged TCS @ 0.075% on sale invoices Mr X whose sales crossed >50 lac in FY 20-21.
My query is shall we charge 0.1% on Mr. X sales because sale exceed >50 lac in previous year or we should charge only after >50 lac sales in the Fy 2021-22.
Plz clarify
we charged TCS @ 0.075% on sale invoices Mr X whose sales crossed >50 lac in FY 20-21.
My query is shall we charge 0.1% on Mr. X sales because sale exceed >50 lac in previous year or we should charge only after >50 lac sales in the Fy 2021-22.
Plz clarify
26 April 2021
Charge only after 50 lacs in fy 2021-22.
27 April 2021
Thank you sir for your valuable advice
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