Central Board of Direct Taxes releases FAQs on Notification No. 36/2025 [F. No. 370142/11/2025-TPL]/S.O. 1825(E) dated 22.04.2025, notifying the luxury goods of value exceeding Rs. Ten Lakh on which TCS will be levied.
The FAQs can be accessed at the following link on the website: https://incometaxindia.gov.in/news/faqs-notification-no-36-2025-dated-23-04-2025.pdf
