Which items will the 1% tax collected at source (TCS) apply to as per the new Income Tax Department provision?
1
Veblen items priced above ₹1 crore
2
Luxury goods priced above ₹10 lakh
3
Imported Electronics priced above ₹5 lakh
4
Imported Cars and Bikes priced above ₹20 lakh
5
None of the above