Applicability of TCS on buying of Unlisted shares?

Applicability of TCS on buying of Unlisted shares?

If the transactions for the year exceeds 50 lacs and the turnover/gross receipts of the Buyer exceeds 10 crores, then Seller will deduct TCS @0.1% (in excess of ₹50 lakhs) u/s 206C(1H).

 

If the transaction value for the year exceeds 50 lacs but turnover/gross receipts is less than 10 crores in this case TCS will not be applicable US 206(1H).