New Form 121 Allows Eligible Taxpayers to Avoid TDS on Certain Incomes Under Section 393(6)

Last updated: 09 April 2026 Follow on Google News

The Income Tax framework has introduced Form No. 121 under Rule 211, enabling eligible taxpayers to declare certain incomes for receipt without deduction of tax at source (TDS) under Section 393(6). This move aims to simplify compliance for individuals and specified entities whose estimated total i

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CCI News Desk

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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