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Question ID : 36967

TCS on Sales of Vehicle

Section 206C(1F) applicability of one authorized dealer sales vehicle to another authorized dealer as per instruction given by the manufacturer without any margin. What is implication of above section, Should deduct TCS or sales without deduction of TCS?

Posted by VIKASH KUMAR JHA on Feb 07, 2019

Filed Under DIRECT TAXES

Answer ID : 76355

You have to deduct TCS.

Posted by CA. JHA SHANKAR KUMAR on Mar 07, 2019