CBDT has introduced Form 12BAA to enable employees to inform their employers about TDS and TCS from other income sources, ...
The Central Board of Direct Taxes has notified a new form called Form 12BAA. The new form notified by the CBDT will help an ...
The Union Budget 2024-25 introduced an amendment to section 192 of the Income Tax Act, which became effective on 15 October.
Form 12BAA allows employees to report non-salary income, helping them reduce TDS deductions from their salaries for better ...
Central Board of Direct Taxes (CBDT) has notified amendments in income-tax rules for ease in claiming credit for TCS ...
The central board of direct taxes (CBDT) has notified amendments in income-tax (I-T) rules for ease in claiming credit for ...
Starting from the next financial year, employees with income from sources other than salaries will need to submit a new Form ...
The Central Board of Direct Taxes (CBDT) has notified amendments in income tax rules for ease in claiming credit for TCS ...
Central Board of Direct Taxes (CBDT) has notified amendments in income-tax rules for ease in claiming credit for TCS ...
CBDT has introduced Form 12BAA to enable employees to inform their employers about TDS and TCS from other income sources, aiding in reducing tax deductions from salaries and increasing take-home pay.
The new form will allow employees to offset Tax Deducted at Source (TDS) and TCS collected from non-salary sources against ...
If eligible, taxpayers can claim a refund on the TCS being withheld at the time of filing I-T returns, as per the ...