A bank deducts 10% TDS if the interest payable on a customer’s fixed deposit exceeds ₹50,000 ( ₹1 lakh for senior citizens) ...
The Income Tax Department has issued an advisory stating that 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. This means if ...
The Central Board of Direct Taxes (CBDT) issued a circular on June 22, 2022, outlining how taxes will be deducted from Virtual Digital Assets (VDA) and cryptocurrencies Although some investors argue ...