13 March 2020
Dear Sir, i have 5 trucks in my trading firm ( Properitorship firm ) and i give these trucks to a other person and charge 12000/- per truck per month ( 12000 * 5 = 60000/- monthly , 60000 * 12 = 720000 yearly ) . now we have 720000 truck hire income . so should i pay RCM or not. please suggest me. with example. thanks
CAclubindia
