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The latest leak about the Motorola Moto G56 reveals three of its four Pantone color options alongside its design. Priced at €250 for the 8GB/256GB variant, it’s set to launch soon with Android ...
The camera quality here is pretty good. It does really well with the colors, the PANTONE Validated Color and Skin Tones on these cameras work very well. The camera actually produces some very ...
Read below to know more about TCS on luxury goods. Answer: Earlier, Section 206C(1F) provided for collection of tax at source (TCS) on sale of motor vehicles of value exceeding Rs 10 lakh.
Will TCS be levied on the sale of a single item of the notified goods exceeding Rs 10 lakh? Yes, TCS will be levied on the sale of a single item of any of the goods listed above if the value ...
Below are comprehensive FAQs on the new provisions, along with the list of luxury goods that will be subject to TCS: What changes were brought in section 206C(1F) of the Income Tax Act ...
Under Section 206C(1F) of the Income Tax Act, the Central Board of Direct Taxes (CBDT) has expanded the scope of Tax Collected at Source (TCS) to ten categories of luxury goods if the invoice ...
Along with the brand, they also launched the moto pad 60 pro. The laptop comes in two stunning Pantone curated colours- Bronze Green and Wedgewood and measures just 1.39 Kg. Captivating users with ...
The seller will collect 1 per cent of the sale amount as tax under Section 206C of the Income Tax Act. The notified list of luxury goods on which TCS will be levied includes high-end wristwatches ...
The newly expanded list under Section 206C(1F) of the Income Tax Act features luxury items including racing horses, yachts, helicopters, and sports equipment like golf kits and ski gear ...
The 1 per cent TCS comes into effect from April 22. Already, under Section 206C(1F) of the IT Act, introduced as part of the Budget presented in July, 2024, TCS of 1 per cent rate is being levied on ...
The new rule, notified Tuesday, comes under the amended Section 206C(1F) of the Income Tax Act, 1961, and mandates a 1 per cent TCS on specified high-value items. Previously, this section applied only ...