The Central Board of Direct Taxes (CBDT) has clarified that the senior citizen does not require to pay ‘deducted at source’ under section 194A of the Income Tax Act where the amount of such income during a financial year doesn’t exceed Rs 50,000 in aggregate. A recent circular issued by the Board clarified that in […]
The post Senior Citizen not required to pay TDS u/s 194A for amount up to Rs. 50,000: CBDT appeared first on Taxscan | Simplifying Tax Laws.
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