Sunday, March 23, 2025

RESTRICTION ON REVISION OF TDS /TCS STATEMENT

As per recent amendment in section 200(3) of the Income Tax Act 1961, with effect from 01.04.2025, restriction will be imposed on the time line for revision of TDS/TCS statement.
As per the revised rules, any TDS/TCS statement can be revised within 6 years from the date on which the original statement was filed.

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No Incriminating Evidences found, Only Excel sheet found — ITAT Deletes ₹25 Cr Addition in Moser Baer Group Case

  DCIT Vs Indian Hydro Electric Power Pvt. Ltd. (ITAT Delhi) No Incriminating Evidence, Only Excel — ITAT Deletes ₹25 Cr Addition in Moser...