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tcs provision

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student
112 Points Posted on 18 January 2019
is there any current tcs provision on bullion and jewellery
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On 18 January 2019 at 19:49 Report
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Practicing CA
1225 Points Posted on 18 January 2019
yes tcs @ 1 % applicable if jewellery purchased in cash exceeding RS 5 lakhs & bullion purchased in cash exceeding RS 2 lakh
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On 18 January 2019 at 21:14
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student
112 Points Posted on 18 January 2019
is they per bill per wise or yearly
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On 18 January 2019 at 21:21
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1020 Points Posted on 18 January 2019
it applicable for per transaction (bill) not yearly
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On 18 January 2019 at 22:16
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251 Points Posted on 19 January 2019
As per section 206C of IT Act 1%
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On 19 January 2019 at 00:01


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