If you had paid TDS or TCS on time, but due to technical difficulties it was deposited late in the government account, then now you will not have to worry about paying interest. The Central Board of ...
The issue was the complex and scattered TDS/TCS provisions under the old law. The new Act consolidates multiple sections into a simplified structure, making compliance easier and more transparent. The ...
The new income tax bill has changed the TDS (Tax Deducted at Source) and TCS (Tax Collected at Source) rules several times.
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