banner_ad

TCS on discount received on purchase of new car.

365 views 3 replies
We have purchased a new car and received a discount on ex-showroom price. Car vendor raised invoice and applied TCS on discounted value. But after that he raised additional Debit Note for TCS on discounted value. Our question is whether the debit note is acceptable or not.
Replies (3)
Yes debit note can be accepted
TCS on discount amount is applicable?
No TCS on discount is not applicable


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details