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Tcs on motor car sec 206(c)

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(Querist)
06 June 2016 SELL A CAR OF RS. 500,000/-, RECEIVED RS. 5000 IN CASH AND 495000/- THOUGH BANK.
WHETHERE THE TCS APPLICABLE?
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CA Rohit Jain

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CA Rohit Jain (Expert)
06 June 2016 TCS is applicable only when invoice price is more than 10 lakhs
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
07 June 2016 TCS applicable as it will fall under other goods where the limit is 2 lacs and part payment received in cash.
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