Teaching UGC NET Mock Test Series 2025 (Paper 1 & 2) Income-tax and Corporate Tax Planning Income-tax
Every seller who receives an amount exceeding ______ as consideration for sale of a motor vehicle, shall collect tax @ 1% of the sale consideration from the buyer at the time of receipt of such an amount
1
Rs. 25 lakhs
2
Rs. 15 lakhs
3
Rs. 10 lakhs
4
Rs. 50 lakhs