TCS APPLICABILITY ON MOTOR VHICLE, Income Tax

[RAKESH PANCHAL]

Dear sir,

TCS APPLICABLE ON MOTOR VEHICLE ON VALUE MORE THAN 10.00 LAKH OR CUBIC CAPICITY MORE THAN 300CC

THANKS

Posts / Replies

[YAGAY and SUN]

Where amount is received by cheque or any other mode on sale of :- Motor vehicle of the value exceeding ₹ 10.00 Lakh (applicable from June 1,2016) 1%

[DR.MARIAPPAN GOVINDARAJAN]

Thanks for the information.