Sec 206C TCS on Motor Vehicles


This query is : Resolved 

Quick Summary
This discussion clarifies whether motorbikes are included under the definition of 'motor vehicles' for Tax Collected at Source (TCS) purposes under Section 206C. Specifically, it questions if the 1% TCS applies to motorbikes purchased for over £10 lakh.

26 April 2020 Sir/madam,
Is Motor vehicle includes motor bike also......exceeds 10 lakh ......1% TCS applicable on that??

26 April 2020 206C attracts on Motor bikes.

26 April 2020 Thank you sir..................


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