Ram Avtar Gupta
(Querist) 05 November 2020
This query is : Resolved
sir what is the amount limit of tcs on sale of scrap and which condition not attract tcs
This discussion clarifies the Tax Collected at Source (TCS) applicable on the sale of scrap. It addresses the monetary limits that trigger TCS and the specific conditions under which TCS might not be attracted. For definitive advice, consulting a local Chartered Accountant (CA) or tax advisor is recommended to ensure correct compliance.
kavksatyanarayana
(Expert) 05 November 2020
Put this query in CAclub of India or consult a local CA.
P. Venu
(Expert) 06 November 2020
Is it tcs ot TDS? Please clarify.
Rajendra K Goyal
(Expert) 07 November 2020
Discuss with your tax consultant / CA.
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