Tax on renting of motor

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Querist : Anonymous

Querist : Anonymous (Querist)

10 July 2012 is there 60% abatement on val;ue of renting of motor vehicle,?
Motor vehicle include hiring of crane in co.

CA Hardik Bunha

CA Hardik Bunha (Expert)

10 July 2012 it is called depreciation. but not abatement.

Querist : Anonymous

Querist : Anonymous (Querist)

10 July 2012 okiiiiiiiiii.

Mr.Hardik...i was asked abt Hiring of crane is include in hiring of motor vehicle definition....

swasti

swasti (Expert)

10 July 2012 In respect of services provided or agreed to be provided” by way of renting or hiring any motor vehicle. Tax to be paid on 40% of the value.

But Mr Author, sorry for advising you but the comments to Mr Hardik's suggestion by you is not a good practice. The way you have told is not acceptable in the group.

Querist : Anonymous

Querist : Anonymous (Querist)

16 July 2012 Oki Miss Swasti....

Can u tell me that Hiring of crane is include in hiring of motor vehicles definition?

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