The Bombay High Court ruled that limitation under Section 201(3) must be calculated based on the financial year in which each quarterly TDS statement is filed. The decision confirms that annual or ...
March 31, 2025 is the deadline for filing correction statements of tax deducted at source (TDS) returns for FY 2007-08 to Q3 of FY 2018-19. This deadline is important for those individual taxpayers ...
Misclassification, delayed deposits, or reporting errors in TDS can trigger interest, penalties, and disallowance of expenses under the Income-tax ...
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