The Central Board of Direct Tax (CBDT) on Monday issued the Clarification regarding short deduction of Tax Deduction at Source (TDS)/ Tax Collected at Source (TCS) due to increase in rates of surcharge by Finance Act, 2019. The Finance (No.2) Act, 2019 provided for an increase in the rate of the surcharge and was made […]
The post CBDT issues clarification on Short Deduction on TDS/TCS due to Increase in Surcharge Rates [Read Circular] appeared first on Taxscan | Simplifying Tax Laws.
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