TCS Applicability Expanded to High-Value Luxury Goods under Section 206C
💼 TCS Applicability Expanded to High-Value Luxury Goods under Section 206C In a significant move aimed at improving tax compliance and tracking high-value transactions, the Income Tax Department has expanded the scope of Tax Collected at Source (TCS) under Section 206C of the Income-tax Act, 1961. This latest update makes…