Which item comes under section 206C(1F) in Income Tax?

Section 206C(1F) of the Income Tax Act, 1961, relates to Tax Collection at Source (TCS) on certain items. The following items come under Section 206C(1F): 1. *Motor Vehicle*: Sale of motor vehicles exceeding ₹10 lakhs. 2. *Scrips*: Transfer of scrips (e.g., shares, bonds, debentures) exceeding ₹5 lakhs. 3. *Foreign Currency*: Remittance of foreign currency exceeding ₹7 lakhs. 4. *Payment for Bulletin/Art/Antiques*: Payment for any bulletin, art, antique, or collectible exceeding ₹5 lakhs. 5. *Payment for Goods/Services*: Payment for any goods or services exceeding ₹2 lakhs. These items are subject to TCS at specified rates, and the seller/collector must collect tax at source and deposit it with the government.