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Tax collected at source: You have to pay TCS on bike, EV, car of more than this amount

The seller of a motor vehicle will collect TCS from the buyer if the value of the motor vehicle is over Rs 10 lakh. However note that TCS is not an additional tax and this amount can be claimed back at the time of income tax return (ITR) filing.

Abhinit singhPramod achuthanSandeep agrawalSandeep jhunjhunwalaTeamlease regtechNangia andersenFrom octoberIncome tax actMotor vehicles actMight also likeReady accountantTcs on motor vehicleDirect taxTax collected at sourceTcs on bikes

Tax collected at source: You have to pay TCS on bike, EV, car of more than this amount, ET Auto

The seller of a motor vehicle will collect TCS from the buyer if the value of the motor vehicle is over Rs 10 lakh. However note that TCS is not an additional tax and this amount can be claimed back at the time of income tax return (ITR) filing.

Sandeep agrawalSandeep jhunjhunwalaTeamlease regtechAbhinit singhPramod achuthanNangia andersenFrom octoberIncome tax actMotor vehicles actReady accountantAx on auto vehiclesTcs on motor vehicleDirect taxTax collected at sourceTcs on bikesAuto finance

Ready Accountant aims to expand footprint in Mysore, Hubli, Thiruvananthapuram, Kochi, Hyderabad and others by 2025

Kolkata-based Ready Accountant is currently operating in three locations of Kolkata, Howrah, and Bangalore and is targeting the training of nearly 5,000 students from the southern region by 2025.

West bengalTamil naduAndhra pradeshAbhinit singhKolkata based ready accountantReady accountantSkilled accountants

Ready Accountant aims to expand its footprint in the Southern cities of India by 2025

Ready Accountant aims to expand its footprint in the Southern cities of India by 2025
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Tamil naduAndhra pradeshWest bengalAbhinit singhReady accountantKolkata based institutionIncome tax

You can file ITR first, pay income tax later: Here s how to use this feature on e-filing portal

An individual can take advantage of income tax department s pay later feature to first file his income tax return (ITR) and pay the self-assessment (if any) at a later date. However this option comes with its owk risks like possible consideration of assessee in default, interest, etc.

West bengalSujit bangarAbhinit singhAmarpals chadhaSk patodia associatesIncome tax departmentReady accountantPay laterMihir tannaAssociate directorDirect taxMight also likeTax partnerMobility leaderPay nowAssessment tax