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 ...
Taxpayers and deductors are advised to file correction statements promptly to ensure that tax credits are properly reflected in their Form 26AS and Annual Information Statement (AIS).
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