Circular clarifying the new provisions related to TDS and TCS payment

Last updated: 21 May 2009

New TDS and TCS payment and information reporting system - Notification No. 858(E), dated 25th March, 2009 published in Official Gazette Circulars No. 02/2009 Dated 21-5-2009 The Finance Act, 2008 inserted a new sub-section (1A) in section 143 of the Income-tax Act, 1961 empowering the Board to make a scheme for centralised processing of returns with a view to expeditiously determining the tax payable by, or the refund due to, the
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bansalAnurag

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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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