Dear sir,
Common Carriers who are not running their business as GTA (such as rickshaw, auto, tempo, taxi owners either self-driven or driven by self-employed person.)
Can we avail Rs.5000.00 exemption under RCM against receiving service from above noted self employed persons.
Regards,
Sandeep
Menu
RCM on Common Carriers who are not running their business as GTA (such as rickshaw, auto, tempo, taxi owners either self-driven or driven by self-employed person?
Replies (2)
GTA is one who issue consignment note but local lorries not issue consignment note so they are not GTA
Yes you can avail rs 5000 exemption limit
Yes you can avail rs 5000 exemption limit
good reply
Recent Topic
- Business income source for husband and wife
- Set off of LTCL against STCG under section 536(2n)
- Audit Workflow tool
- Is CA through direct entry easy for a commerce stu
- Dividend and withholding tax - DTAA- RSU
- NRI Query: Capital Gains Tax Exemption under Secti
- Royalty payment to UK
- Calculate ITR2 tax with equity and non equity prof
- LTCG on residential property sale - Rebate?
- TDS MISMATCH AND AIS
Related Topics
CAclubindia
