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TCS on Sale u/s 206CR

This query is : Resolved 
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(Querist)
12 May 2023 Please provide the amount of TCS u/s 206CR in the following Scenario:

Sale upto Dec'22 Rs. 50,00,000
Sale in Jan'23 Rs. 10,00,000
Sale in Feb'23 Rs. 20,00,000
Sale in Mar'23 Rs. 30,00,000

Collection upto Feb'23 Rs. 50,00,000
Collection in Mar'23 Rs. 20,00,000

So TCS U/s 206CR in Mar'23 should be 0.1% of Rs. 20,00,000 (Collection exceeding 50 Lacs) = Rs. 2,000/-
or 0.1% of Rs. 60,00,000 (Sales exceeding 50 Lacs) = Rs. 6,000/-

Please reply urgently.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
13 May 2023 It's 0.1% of Rs. 60,00,000 (Sales exceeding 50 Lacs) = Rs. 6,000/-
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