Consequences of purchasing a car amounting rs.20,00,000 for cash from agriculture income

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student
43 Points Joined January 2014
if any farmer purchased a car costing rs.20,00,000 for cash from his agriculture income, what will be the consequences ???
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On 27 May 2016 at 14:55 Report
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After 1/6/16 the seller will deduct 1% TCs on the value of car.

PAN/ form 60 should be quoted

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On 27 May 2016 at 16:39
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Assistant Manager-Accounts
549 Points Joined May 2012

Agree with Madhvi.

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On 27 May 2016 at 17:11
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9 Points Joined February 2022
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On 03 February 2022 at 11:19


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