CBDT Notifies Amendments in Income-tax Rules for Ease in Claiming Credit for TCS Collected/TDS Deducted for Salaried Employees and Enabling TCS Credit for Minors in the Hands of Parents

CBDT Notifies Amendments in Income-tax Rules for Ease in Claiming Credit for TCS Collected/TDS Deducted for Salaried Employees and Enabling TCS Credit for Minors in the Hands of Parents

Posted inCBDT, CBDT Amnedment, INCOME TAX, Tax Credit, TCS, TDSNo Comments
The Central Board of Direct Taxes (CBDT) has issued amendments to the Income-tax Rules, 1962, aimed at simplifying tax compliance procedures, particularly for salaried employees and individuals responsible for minor…