Profit arising sale of old vehicles

If the car is used for personal purpose then not taxable under any head of income tax.

not a personal use , buying for selling (to local and registered )c2c abd c2b

usually CG

If the buying and selling is your business then it will taxable under the head Business and Profession.
Car is not a capital assets as per income tax so no question of tax under Capital Gain Head.

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If You are dealing any business and Also You can show the Car in Your Balance Sheet as asset then the Sale is Consider in Your Business and You ll show the details in Your books of Accounts...

Also the same way if you are registered under GST then the Sale also fall in GST...


If You are a Individual and Can't show the Car in any of the Business then You can't show the details in Anywhere...