Querist :
Anonymous
(Querist) 16 October 2014
This query is : Resolved
Respected sir ek company ki balance sheet mai truck or car balance sheet mai fixed assets mai hai kya truck or car ko sale karnai par VAT lagaiga
R K JAIN
(Expert) 18 October 2014
No tax on sale if the car and truck are not associated with the business if associated with the business then tax on sale will be applicable.
T. Kalaiselvan, Advocate
(Expert) 19 October 2014
No reply to anonymous query is the stand taken by experts.
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