CBDT Introduces Form 71 for TDS Credit on Previously Reported Income in ITRs

Last updated: 02 September 2023


CBDT (Central Board of Direct Taxes) notified Form 71 on August 30, 2023, to enable taxpayers to claim TDS credit for income that has been declared in their income tax returns (ITRs) for a previous assessment year, but the tax was deducted at source (TDS) in a subsequent financial year. The Finan

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Category Income Tax   Report

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