October 17, 2024 9:25 PM
CBDT amends income tax rules to ease TDS, TCS credit claims for salaried employees
The Central Board of Direct Taxes (CBDT) has notified amendments to income tax rules to simplify the process of claiming credit for TCS collected and TDS deducted for salaried employees and to enable the claiming of TCS credit for minors in the hands of their parents. The Income Tax Act rules have b...