Shailendra Jaiswal (Student) (53 Points)
08 May 2025Dear Sir
Please clear that Is TCS applicable on sale of used car by a Compnay to an Individual for Rs.15Lac
Thanks
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(193906 Points)
Replied 10 May 2025
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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