Tcs applicability

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Querist : Anonymous

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Querist : Anonymous (Querist)
22 September 2015 TURNOVER OF MY FIRM,SCRAP DEALER IS 83 LACKS

IT IS NOT LIABLE TO AUDIT

TCS HAS NOT BEEN COLLECTED FROM BUYER .

INCOME TAX RETURN FILED U/S 44AD ABOVE 8 %

WHAT LIABILITY OF TCS WILL ARISE ON US.



22 September 2015 No TCS applicable if you are selling to manufacturer, it is applicable to you if you are selling the scrap to another dealer.

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Querist : Anonymous

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Querist : Anonymous (Querist)
22 September 2015 MY FIRM SALE SCRAP ANOTHER DEALERS
NOT MANUFACTRUR
IF SALES MANUFATURER HE GIVE FORM 27 C

22 September 2015 Iy you are a partnership firm TCS applicable to you. If you are individual your turnover is less than 1 crore TCS not applicable to you.


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