08 June 2016
Dear sir please clarify , sale of motor vehicle more than 2 Lakhs and less than 10 Lakhs sale invoice value received through cheque neft and finance - no cash consideration. but if customer paid cash for road tax , insurance and accessories , what is the TCS tax liability ? is there any applicability for other consideration also that other considerations even less than 2 lakhs.
CAclubindia
