FAQs on TCS under Income Tax Act, 2025 as amended by Finance Bill, 2026, covering rates, exemptions, PAN, returns, due dates, ...
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Now no more prosecution for delayed payment of TCS if its paid by this date: Budget 2025
Budget 2025 has removed prosecution for taxpayers who failed to deposit Tax Collected at Source (TCS) despite collecting it. This is subject to the condition TCS is paid before filing the TCS return ...
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New 1% TCS: Know the list of specified goods, threshold, effective date and more as CBDT releases FAQ
As per the Finance Minister’s announcement made in the July 2024 Budget, a new tax collected at source (TCS) has been imposed on a specified list of luxury goods sold in India effective from April 22, ...
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