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When a motor car is acquired for ?12 lakhs by Mr. Johnson on 01.11.2016 by availing bank loan of ?10 lakhs for such acquisition, the car dealer selling the motor car must collect tax at source of

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The syllabus (and study weightage):
A. Advanced Direct Tax Laws 50%
B. International Taxation 30%
C. Case Study Analysis 20%


When a motor car is acquired for ?12 lakhs by Mr. Johnson on 01.11.2016 by availing bank loan of ?10 lakhs for such acquisition, the car dealer selling the motor car must collect tax at source of






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