CBDT Exempts RBI from Higher TDS/TCS Rates for Non-Filing of Income Tax Returns

Last updated: 29 May 2024

CBDT has released two significant notifications on May 27, 2024, introducing higher rates of Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) for individuals and entities failing to furnish their Income Tax Returns (ITR). These directives, detailed in Notifications No. 45 and 46/2024,

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Attached File : 671907_23417_notifications.zip
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Category Income Tax   Report

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