New Income Tax Form 71: Correcting TDS Errors

CA Brijmohan Lavaniya , Last updated: 07 October 2023
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The Central Board of Direct Taxes (CBDT) has introduced a new electronic form called Form 71 to help people correct errors in tax deduction at source (TDS). This change is part of the Income Tax Rules, 1962 and will come into effect on October 1, 2023. Form 71 is important because it solves a com

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Published by

CA Brijmohan Lavaniya
(CA and Operations Leader with over 6 years of experience in the tax and finance domain. Currently the Head of Operations and a Founding Team Member at TaxBuddy.com, a leading online platform that provides tax planning and filing services.)
Category Income Tax Report