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TCS Share Price Discussion

Tata Consultancy Services Ltd.
NSE: TCS | BSE: 532540 | ISIN: INE467B01029 | Sector: Information Technology
Santosh Gupta in TCS
FOM: SELL TCS BELOW 2125

FOM: EXIT SHORT FROM TCS AT 2112, PROFIT RS 3250
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Recent posts in TCS
T
Reputation: 18,461 • Just now

Type
Buy
Instrument
TCS OCT20 2500 PE
Entry Price
₹93.7
Price@Trade
₹93.7
Target Price
₹195
Stop Price
₹35
Valid Till
Oct 29, 2020 3:20 AM
Margin
₹56,220 approx for 600 Qty
Status
Exited
Exit Price
₹96.6
Net P&L
+₹1,740 (+3.09%)
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Reply (1)
N
Reputation: 6,300 • Just now
How tax will be collected at source from individuals on these transactions from Oct 1
TCS will be levied on foreign remittances made through the Liberalised Remittance Scheme (LRS) of the Reserve Bank of India (RBI) and for buying foreign travel packages. Here is a look at the rules regarding the applicability of TCS and how much tax is leviable.
The Economic Times
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N
Reputation: 6,766 • Just now

Type
Sell
Instrument
TCS OCT20 FUT
Entry Price
₹2,511
Price@Trade
₹2,510.2
Target Price
₹2,400
Stop Price
₹2,550
Valid Till
Oct 29, 2020 3:20 AM
Margin
₹318,682.95 approx for 600 Qty
Status
Active
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Reply (1)
1
Reply

TCS - 1400673

BUY ABOVE 2505

OR

SELL BELOW 2460
1
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N
Reputation: 6,300 • Yesterday 1:36 AM
TCS to be collected by seller from October 1 only if turnover exceeds Rs 10 crore: CBDT
In a statement, the Central Board of Direct Taxes (CBDT) clarified that TCS shall be applicable only on the amount received on or after October 1, 2020 and a seller would be required to collect TCS only if his turnover exceeds Rs 10 crore in the last financial year. Moreover, the export of goods has been exempted from the applicability of the provisions of TCS, it added.
The Economic Times
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