Private car sale


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Querist : Anonymous

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Querist : Anonymous (Querist)
04 July 2017 An Assessee sale his own Private Car Rs 18,18,300/- to showroom. That time TCS 1% deducted because sale value more than 10,00,000/- means Rs. 18,183/- what ITR form have to be file in this case and how to calculate?
Please help...

05 July 2017 you add it to your return of income, under TCS

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Querist : Anonymous

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Querist : Anonymous (Querist)
05 July 2017 but which ITR have to file?

05 July 2017 what are your other income sources...? that will decide the form number

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Querist : Anonymous

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05 July 2017 And How to calculate...

05 July 2017 what you want to calculate?......gain on personal effect is NOT taxable.....


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