If turnover does not exceed 10 crore sale of goods is above 50 lakh tcs applicable or not.
Kindly explain to me.
TCS not applicable for sale of goods. Only motor vehicles it is allowed
4 Replies
RAJA P M
("Do the Right Thing...!!!")
(128106 Points)
Replied 04 April 2024
@ Venkat,
Your query's head is not clear or the said section is wrong...
If You are asking about as Your query
No... Not applicable.
So, no need to collect TCS on Your sales.
(and it's not 206C.)
Your query's head is not clear or the said section is wrong...
If You are asking about as Your query
No... Not applicable.
So, no need to collect TCS on Your sales.
(and it's not 206C.)
RAJA P M
("Do the Right Thing...!!!")
(128106 Points)
Replied 04 April 2024
| Originally posted by : Yasaswi Gomes new | ||
 |
TCS not applicable for sale of goods. Only motor vehicles it is allowed |  |
🙆🙆🙆🙆🤦🤦🤦🤦🤦🧘🧘🧘🧘🧘
CA Raj Doshi
(Practising CA)
(8944 Points)
Replied 06 April 2024
TCS not applicable in case previous year turnover is below 10 crore
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