Dear Sir
Please clear that Is TCS applicable on sale of used car by a Compnay to an Individual for Rs.15Lac
Thanks
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Is TCS applicable on sale of used car by a Compnay to an Individual
Replies (1)
Yes, TCS (Tax Collected at Source) is applicable on the sale of a used car by a company to an individual for Rs. 15 lakh, regardless of whether the vehicle is new or used.
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