Threshold limit rs 200000/-

Hello friend,

       Pls elaborate ur question? what exactly ur asking?

1. Sale of any goods or any services (other than bullion or jewellery)
2. Consideration for goods or services exceeds Rs. 2,00,000 in a (single) bill
3. Out of such consideration, any amount is received in cash
4. Tax will be collected at the time of receipt of any amount in cash.

Threshold Limit of Deposit of Cash in Bank In any financil Year from April to March

Dear friends,

if am going to receive cash of 250000/- from a foreign citizen here for study or a patient in hospital how to deduct TCS ?

hello friend,

     In ur case TCS would be collected as the amount exceeds Rs.2,00,000 @ 1% bt if tds is deducted then no need to collect tcs.

Sir,
am asking how to deduct TCS from foreign student or patient who is paying bill for services more than 200000/-
what about pan status ?

Sir,
am asking how to deduct TCS from foreign student or patient who is paying bill for services more than 200000/-
what about pan status ?