CBDT Big Relief No Penalties for Inoperative PAN TDS/TCS Shortfalls
In a significant relief for taxpayers and businesses, the Central Board of Direct Taxes (CBDT) has announced a waiver of penalties and tax demands related to shortfalls in Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) caused by inoperative PANs. This move addresses the issues faced by many who were hit with … Read more