Tcs on three wheeler
This query is : Resolved
29 November 2016
Is TCS applicable for sale of 3 wheeler where consideration exceeds Rs.2 lacs Example: Sale Value Rs.178000, Road Tax Rs.72000 Cash Received Rs.240000
29 November 2016
The ans is yes tcs is applicable in case if Sale consideration exceeds rs 2lakhs in this case.
Refer this link for more details :
http://taxguru.in/income-tax/analysis-tcs-provisions-applicable-wef-01062016.html
Refer this link for more details :
http://taxguru.in/income-tax/analysis-tcs-provisions-applicable-wef-01062016.html
29 November 2016
Would this be covered under the TCS Code 6CM as value of motor vehicle is less than 10 lacs? or
As value of Motor vehicle (other than two wheeler) do not exceed 10 lacs, TCS is not applicable?
Kindly Clarify
As value of Motor vehicle (other than two wheeler) do not exceed 10 lacs, TCS is not applicable?
Kindly Clarify
04 November 2021
It will not be covered under TCS code 6CM.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- GST Regis.
- Tax on capital gains revoked us 54f
- Inventory of finished goods
- Filing of Form 10BB instead of Filing Form 10B
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- Applicability of Ind As to associate of associate
- Should I include march foreign salary received in April in my income for FY 2023-24?
- Sale of property furniture sale
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Confusion around Form 26QB fields
- HSN Details in IFF/GSTR-1 & in GSTR 9
- MIS MATCH OF INVOICE NUMBER
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- CASE INTIMATION OF LIABILITY UNDER SECTION 73(5)(Rule 142(1A)
- Need to correct "Whether it is last installment " response in Form 26 QB
- GSTR3B IMS Deshboard ( Rec. Solution )
- GST ASMT-10 time extension query
Trending Online Classes
CAclubindia
