Effective April 1, 2026, the statutory limit for correcting TDS/TCS returns is 2 years from the FY end. This new rule eliminates unlimited revisions, demanding timely compliance to avoid penalties and ...
The Income Tax Department has set a crucial deadline for filing TDS and TCS correction statements. Taxpayers must ensure all ...
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 ...
Taxpayers and deductors are advised to file correction statements promptly to ensure that tax credits are properly reflected ...
A resident donating to a foreign charity like the German Red Cross must check tax implications in India—especially TDS, DTAA ...