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TDS on Gold purchase

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(Querist)
29 September 2020 Is tds is deductible on gold purchase in cash or credit card? what is limit?
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
29 September 2020 TCS applicable on gold purchase exceeding 50 lacs.
Cash purchase not allowed for 2 lacs and above.

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