Hi,
I would like to know is there any upper limit for TCS on sale of scrap.
as per 206C it is written as 50 lakhs and more but our CA is saying there is no upper limit for charging the TCS on sale of scrap and Fixed assets both.
Can someone please clarify this with relavent provision.
Thanks in advance.
Regards,
Hasmukh Chauhan
hasnc0927@gmail.com