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TCS provision for fY 2021-22
what is provision applicable TCS for fY 2021-22 ?
Replies (6)
Quick Summary
Could you please be specific on the nature of transaction to help us comment on the applicability of tcs provision
Regarding which transactions?
Please elaborate
There are numerous provisions which are being explained for the financial year 20 21.
Please name some of them.
Please name some of them.
Party FY 2020-21 are liable tcs then FY 21-22 tcs liable continue or above 50 lacs on liable?
You have to check every year. it's not depend on previous year. TCS should be collected when every year when sales receipts crosses 50Lacs.
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