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Post by: Renu Suresh in Income Tax
TDS on Salary for Financial Year 2020-2021 Central Board of Direct Taxation (CBDT) has released Circular No. 20/2020 dated 3rd December 2020, which explains provisions related to Tax Deduction at Source on Salary under Section 192 of Income Tax Act,…
Post by: Sreeram Viswanath in Compliance Income Tax
TDS Correction Statement Tax deduction at source is an income tax provision wherein taxpayers making certain payments such as salary, commission, professional fees, interest, rent, and other specified payments are obligated to deduct a percentage of tax before remitting the…