TCS on Receipt of Cash exceeding Rs 200000
This query is : Resolved
11 June 2024
Sir,
We Received Rs 250000/- in a single Day for a Single Sale Transaction of Rs. 250000
How much TCS is to be collected on this transaction s
We Received Rs 250000/- in a single Day for a Single Sale Transaction of Rs. 250000
How much TCS is to be collected on this transaction s
12 June 2024
Section 269ST prohibits any person to receive an amount of Rs.2 lakh and above in cash:
In aggregate from a person in a day, or
In a single transaction, or
In respect of transactions relating to one event or occasion from a person.
In aggregate from a person in a day, or
In a single transaction, or
In respect of transactions relating to one event or occasion from a person.
31 August 2024
Good luck.
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