alleryStart learning →TCS on sale of a motor vehicle is not collected if its value does not exceed what?
ARs 50 lakh
BRs 20 lakh
CRs 10 lakh
DRs 5 lakh
Answer & Solution
Correct answer: C. Rs 10 lakh
Section 206C exempts the sale of a motor vehicle or notified goods whose value does not exceed Rs 10 lakh.
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