TCS exemption
This query is : Resolved
28 April 2021
Dear Experts,
according to sec 206C(1H) , Receipt of sale consideration of Rs.50 Lakhs exemption limit is applicable only for F.Y 2020-21 or it is applicable for every year.
Thanks in advance.
Regards,
Bheema Reddy.
according to sec 206C(1H) , Receipt of sale consideration of Rs.50 Lakhs exemption limit is applicable only for F.Y 2020-21 or it is applicable for every year.
Thanks in advance.
Regards,
Bheema Reddy.
28 April 2021
THE LIMIT IS FOR A FINANCIAL YEAR. IN FUTURE GOVT MAY REDUCED THE LIMIT.
LIMIT IS APPLICABLE FOR EVERY YEAR.
LIMIT IS APPLICABLE FOR EVERY YEAR.
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
- CG Tax On residential property
- Post Office RD Interest
- Applicable TDS for Purchase of Flat from NRI
- Eway bill for machinery reparing
- Building and other construction workers welfare cess act 1996
- ITR 3 FILING OF AN INDIVIDUAL (PARTNER IN A PARTNERSHIP fIRM)
- Bank Accounts in Balance Sheet for ITR 3
- Gift of mutual fund units to daughter
- NRI ITR2 account in 2025-26 ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,.
- Form 10BD Filling
- Are Customised Caps the Smartest Way to Promote Your Brand?
- Capital gain of property recd from partnership firm
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- 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
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
