Income Tax Alert! Not filed ITR? Get Ready To Pay Higher TDS in FY 2022-23

[ad_1] Not filing Income Tax Return (ITR) before the due date is going to be costly for some taxpayers! Higher TDS will become applicable on certain incomes of some taxpayers during the current financial year if s/she missed filing ITR for AY 2021-2022 (FY 2020-2021), according to a new rule under Sections 206AB and 206CCAA. The …

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