prasad Nilugal (Sr . Accountant and GST Practitioner . ) 26 September 2020
Sir , TCS above 50 Lac is under the Income Tax act 1961 not under GST act 2017 . under GST act branch transfer is supply but no such provision under income Tax act , so to deduct TCS or not is matter of Clarification from the department only . This is my opinion please confirm with others also .