Searching for Tds On Sale Of Jewellery information? Follow the links below to find all the information you need and more.
https://www.business-standard.com/article/economy-policy/buying-jewellery-over-rs-2-lakh-in-cash-will-attract-1-tds-from-april-117021900231_1.html
Cash purchases of jewellery will attract one per cent tax collected at source (TCS) from April 1 if the amount exceeds Rs 2 lakh, as against the current threshold of Rs 5 lakh. Once the Finance Bill 2017 is passed, jewellery will be treated on par with general goods, which attract one per cent TCS on cash purchase …
https://thetaxtalk.com/2020/02/29/applicability-of-tds-u-s-194c-or-194-i-on-payment-made-to-jewellery-market-exhibition-for-stall/
Feb 29, 2020 · The assessee had paid Rs. 4,04,496 to Jewellery Market Exhibition for giving stall for exhibition. It deducted TDS @ 2% under section 194C. The assessing officer held that tax was …
https://taxguru.in/income-tax/tcs-sale-goods-faqs-section-206c1h-tabular-presentation.html
Article explains Who is Liable for TDS on Goods under Section 206C(1H), From whom tax shall be collected, Timing of Collection of TCS, What is the Definition of Goods, Whether Transactions in securities through RSE is liable to TCS, TCS on Motor vehicle, TCS on Transaction in electricity, TCS on sale of Software, TCS on sale of Jewellery…
https://www.businesstoday.in/moneytoday/perspective/govt-rolls-back-tds-on-sale-of-property-gold-jewellery/story/184890.html
Gold jewellery will be subject to 1 per cent TDS if the payment is made in cash and exceeds Rs 5 lakh, irrespective of whether the buyer is a trader or a consumer. This will include coins and other...
https://www.simpletaxindia.net/2018/04/tds-rate-chart-fy-2018-19-ay-2019-20-due-date-interest-penalty.html
May 14, 2018 · Every person, being a seller, who receives any amount in cash as consideration for sale of bullion or jewellery or any other goods (other than bullion or jewellery) or providing any service, shall at the time of receipt of such amount in cash, collect from the buyer, a sum equal to 1 % of sale …
We hope that you have found all the necessary information about Tds On Sale Of Jewellery using the links above.
