OUR TURNOVER IS MORE THAN 10CR W.E.F 01.04.2021 WHEN TCS SHOULD CHARGE ON SALE OF GOODS TO A PARTICULAR DEBTOR WHOSE SALES CROSSED 50 LAKHS IN FY 20-21 OR IN FY 21-22 WE SHOULD WAIT TILL REACH 50 LAKHS SALES AND THEN CHARGE TCS. CONFUSSION OF CHARGING TCS TO DEBTORS IN FY 21-22.
TCS ON SALES OF GOODS
Replies (1)
Pls start to deduct if transaction crossed 50L in the FY 20-21. As well most of the companies are starting to issue TCS invoice even if not crossed the sales limits in the FY 20-21 to avoid confusion or maintaining the data customer wise
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