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New car purchases tds deducted

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kollipara sundaraiah (B.com) 18 February 2021

I.t Assess purchases of new car Rs:12 lacs . how to calculate of Tds deducted percentage and refund claim allowed in I t.act

CA ABHAY GUPTA (Practice) 18 February 2021

Tds on ex showroom, while filing ITR you can claim as tcs

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CA SEEMA AGARWAL (Chartered Accountant) 18 February 2021

It will be reflecting in 26AS of assessee

Kapadia Pravin 18 February 2021

It is called TCS and not TDS. It is collected on invoice price of Showroom. TCS is like advance payment of tax.

CA SEEMA AGARWAL (Chartered Accountant) 18 February 2021

TCS also reflects In 26 As

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New car purchases tds deducted

kollipara sundaraiah

CA ABHAY GUPTA

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