Sunday, January 14, 2024

Budget 2024 should allow past year's TDS credit to be claimed online, current method difficult: Industry

Various experts have varied views about Form-71 which is used by individual taxpayers to claim TDS credit if it was not deducted in the year when the income was generated. At present a duly filled up Form 71 is submitted online and then the AO checks the claim and either grants or rejects the TDS credit.

from Tax-Wealth-Economic Times https://ift.tt/c5NdTe1

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