TCS on Sale of Luxury Goods

Section 206C(1F): TCS on Sale of Motor Vehicles and Luxury Goods

Section 206C(1F) of the Income Tax Act, 1961 requires sellers to collect tax at source (TCS) on the sale of motor vehicles exceeding a prescribed…

Section 206C(1F) of the Income Tax Act, 1961 requires sellers to collect tax at source (TCS) on the sale of motor vehicles exceeding a prescribed…