P&H HC: Eyewitness Account Not Credible if Eyewitness Directly Identifies Accused in Court  ||  Delhi HC: Conditions u/s 45 PMLA Have to Give Way to Article 21 When Accused Incarcerated for Long  ||  Delhi High Court: Delhi Police to Add Grounds of Arrest in Arrest Memo  ||  Kerala High Court: Giving Seniority on the Basis of Rules is a Policy Decision  ||  Del. HC: Where Arbitrator has Taken Plausible View, Court Cannot Interfere u/s 34 of A&C Act  ||  Ker. HC: No Question of Estoppel Against Party Where Error is Committed by Court Itself  ||  Supreme Court: Revenue Entries are Admissible as Evidence of Possession  ||  SC: Mere Breakup of Relationship Between Consenting Couple Can’t Result in Criminal Proceedings  ||  SC: Bar u/s 195 CrPC Not Attracted Where Proceedings Initiated Pursuant to Judicial Order  ||  NTF Gives Comprehensive Suggestions on Enhancing Better Working Conditions of Medical Professions    

CBDT: 1% Tax at Source on Retail Sales of Motor Vehicles - (09 Jun 2016)

Centre has decided to levy 1% tax collected at source (TCS) on motor vehicles purchased in ‘cash’, in the range of Rs 2-10 lakh. Also, any sale exceeding Rs 10 lakh will attract the 1% tax, irrespective of whether the amount has been paid by cash, cheque or demand draft.

Tags : CBDT   TAX COLLECTED AT SOURCE  

Share :        

Disclaimer | Copyright 2024 - All Rights Reserved