income tax treatment on sale of motor vehicles
Satish Kavitake (389 Points)
24 September 2018pl advise
Satish Kavitake (389 Points)
24 September 2018
rama krishnan
(12234 Points)
Replied 24 September 2018
Satish Kavitake
(389 Points)
Replied 25 September 2018
CA Manish Sharma
(Chartered Accountant)
(57 Points)
Replied 25 September 2018
It cannot be considered under Business Profit. It should be considered as STCG.
Analysis of 20 GST Notices (including 2 Appeals) and Practise on Drafting(with recording)
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)