Employee to intimate employer to opt for new concessional rates for TDS purpose: CBDT

Last updated: 24 April 2020

The Income Tax Department issued a clarification regarding the process of exercising of option by a taxpayer with regard to deduction of TDS at source if he/she opts for concessional rates as per section 115BAC of the Income Tax Act, 1961.Employee tointimate employer of the intention to opt for new

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Category Income Tax   Report

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