Renting of trucks, JCB, cranes etc., is not covered under RCM.
This query is : Resolved
Quick Summary
03 June 2025
Renting of trucks, JCB, cranes etc., is not covered under RCM.
Under which expenses need to account
Under which expenses need to account
CA R SEETHARAMAN
(Expert)
03 June 2025
RCM does not apply to the hiring of trucks, JCBs and cranes.
Account it as renting of machinary.
Account it as renting of machinary.
Ram Avtar Singh
(Expert)
03 June 2025
A Rent Agreement is required for proof of renting.
CA R SEETHARAMAN
(Expert)
03 June 2025
Rental receipt is enough.
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