https://www.taxtmi.com/manuals?id=1914 Tax collection at source applies to sale consideration for a motor vehicle or other goods notified by the Central Government where the consideration for a sale exceeds Rs. 10 lakh. The seller must collect tax at the rate of 1% on qualifying transactions. The threshold applies transaction-wise, and collection is confined to sales whose consideration exceeds the prescribed limit. The collection obligation is placed on the seller and covers both motor vehicles and centrally notified goods meeting the sale-consideration condition. en-us Sat, 14 Jan 2023 14:01:00 +0530 Sat, 29 Aug 2026 12:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=1914 Tax collection at source applies to sale consideration for a motor vehicle or other goods notified by the Central Government where the consideration for a sale exceeds Rs. 10 lakh. The seller must collect tax at the rate of 1% on qualifying transactions. The threshold applies transaction-wise, and collection is confined to sales whose consideration exceeds the prescribed limit. The collection obligation is placed on the seller and covers both motor vehicles and centrally notified goods meeting the sale-consideration condition. Manuals Income Tax Sat, 14 Jan 2023 14:01:00 +0530 https://www.taxtmi.com/manuals?id=1914