Any authorised dealer received an amount or an aggregate of amounts of 7 lakh or more in a financial year for remittance out of India under the scheme is required to deduct 5% TCS. In cases where such remittances not supported by PAN or Aadhaar the TCS rate would be 10%.
O P Bagla & Co LLP
New Delhi
CA Inter
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Aggarwal Sarawagi and Co
New Delhi
CA
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Karia Overseas
Ahmedabad
CA
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CAclubindia
