New Delhi, Aug 11 (PTI) The new Income Tax Bill, passed by Lok Sabha on Monday, has retained the provisions regarding ITR filing for TDS claims and tax exemptions for anonymous donations made to all ...

According to the advisory, the correction statements for TDS and TCS can only be filed for Q4 of FY 2018-19 up to Q3 of FY 2023-24 until March 31, 2026. Earlier, the 6-year duration permitted for the ...

Banks, companies, employers, and other institutions deduct TDS at the rates prescribed under the Income Tax Act, 1961, even if the total tax liability of the taxpayer is not that high. If excessive ...