New Delhi: The Income Tax Department has announced the deadline for filing TDS (Tax Deducted at Source) and TCS (Tax Collected at Source) correction statements for the financial year 2024–25.
The Income Tax Department recently issued an advisory stating that under Section 397 (3)(f), TDS/TCS correction statements can now only be filed within two years after the end of the relevant tax year ...
The government’s move to replace the six-decade-old income-tax rules, 1962 with a new framework from April 2026 is set to ...
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