Friday, May 29, 2020

CBDT replaces Annual Statement of TDS/TCS with new Annual Information Statement: Rules Amended [Read Notification]

The Central Board of Direct Taxes (CBDT) on Thursday notified Income Tax (11th Amendment) Rules, 2020. The CBDT empowered under Section 285BB read with amended the Income Tax Rules, 1962.Section 295 of the Income Tax Act 1961 As per Income Tax (11th Amendment) Rules, 2020, rule relating to Annual Statement of Tax Deducted or Collected […]

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