17 May 2018
IF WE HAVE PURCHASED A CAR ON WHICH TCS HAS BEEN DEDUCTED HOW CAN WE SHOW THIS IN ITR IF WE ARE FILING ITR 4 FOR PROPRIETOR WHO HAS INCOME FROM BUSINESS
17 May 2018
Even though you may not show car under business assets, but you can still claim credit of TCS paid at the time of car purchase. It is not necessary to link TCS with business income.
CAclubindia
