Buying car in India

Hi

No, there is no tax implication on such purchase. However, you should possess proofs for showing such funds as income/receipts from genuine sources.

Hi,

Hope you are doing well !!

No, there will be on tax implications on the same provided you have enough proof to explain source of income.

No

No this won't attract any tax but the seller of vehicle might collect TCS from you and since you won't be having any income in India you should file to income tax return to atleast claim refund of such TCS collected by seller.

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Thank you

Yes. To avoid it you must file ITR in India and proove the source of income of 10.5 lacs.

Probability is less for income tax notice.. but the seller will collect TCS on such sale and you must file inocme tax return to just claim the refund.. so that you will be full proofed against notice and can get your refund too...

But in nutshell no worry...

Dear Sir,

No , it will not invite any tax.

Hi

Only TCS deduction @ 1% will be there from sellers part. Else No tax implication will be there.

Hope it helps