Tax on renting of motor

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

10 July 2012 is there 60% abatement on val;ue of renting of motor vehicle,?
Motor vehicle include hiring of crane in co.

CA Hardik Bunha

CA Hardik Bunha (Expert)
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10 July 2012 it is called depreciation. but not abatement.

Querist : Anonymous

Querist : Anonymous (Querist)

10 July 2012 okiiiiiiiiii.

Mr.Hardik...i was asked abt Hiring of crane is include in hiring of motor vehicle definition....

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swasti

swasti (Expert)
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10 July 2012 In respect of services provided or agreed to be provided” by way of renting or hiring any motor vehicle. Tax to be paid on 40% of the value.

But Mr Author, sorry for advising you but the comments to Mr Hardik's suggestion by you is not a good practice. The way you have told is not acceptable in the group.

Querist : Anonymous

Querist : Anonymous (Querist)

16 July 2012 Oki Miss Swasti....

Can u tell me that Hiring of crane is include in hiring of motor vehicles definition?