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TCS applicability
A Benz car was purchased worth ₹45 lakhs for that they pay ₹30 lakhs in cash & remaining part is exchange a old car worth ₹ 15 lakhs. Is TCS to be collected for old car
Replies (1)
Yes Sai Krishna TCS is applicable on sale transaction .It is not dependent on mode of payment .
Visit this blog for more clarity .I explained why it is so ??
sanjithkotni.blogspot.com
Visit this blog for more clarity .I explained why it is so ??
sanjithkotni.blogspot.com
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