TCS ON SALE OF GOODS IN SUBSEQUENT F.Y.

Aliasgar Samniwala (5 Points)

29 July 2021  
In f.y. 2020-21 my sale is 10 crore to single party so i collected TCS from 1st oct 2020, now in current F.Y. i.e. 2021-22 do i need to collect TCS in april itself (when receipt is less then 50 lacs) OR shall i wait for receipt exceeding 50 lacs and then collect TCS.