If you bought a car costing over Rs 10 lakh, you probably paid 1% extra as TCS. That money isn’t a tax you lose — but many ...

TCS is a 1% tax on motor vehicles over ₹10 lakh. Buyers can claim a refund when filing their annual ITR, provided they meet ...

Budget 2025 has removed prosecution for taxpayers who failed to deposit Tax Collected at Source (TCS) despite collecting it.

The compliance cycle for January kicks off early. January 7, 2026, is the key deadline for depositing TDS and TCS deducted or ...