TCS on Purchase of Vehicle
This query is : Resolved
19 March 2024
Dear Experts
Can TCS Paid on Purchase of Car be claimed as an Input ? The Car will be shown as an Asset in the Books. The Invoice shall be in the Name of the Company and Company's GST Number shall also be mentioned in the Invoice.
Thanks in advance
Can TCS Paid on Purchase of Car be claimed as an Input ? The Car will be shown as an Asset in the Books. The Invoice shall be in the Name of the Company and Company's GST Number shall also be mentioned in the Invoice.
Thanks in advance
19 March 2024
TCS is income tax collected at source which can be adjusted against payment of income tax while filing ITR of the company.
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19 March 2024
Dear Seetharaman Ji, Thanks for your Reply.
19 March 2024
Dear Seetharaman Ji, Thanks for your Reply.
19 March 2024
You are welcome ...
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