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Day: September 18, 2024

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Understanding Correction Statements on TDS: A Six-Year Limitation

What are Correction Statements? Correction statements are critical tools utilized by taxpayers to rectify errors in their Tax Deducted at Source (TDS) filings. These statements…

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Understanding TDS Under Section 194H: A Guide for Brokers

What is TDS Under Section 194H? TDS, or Tax Deducted at Source, is a crucial component of the Indian taxation system, introduced to collect tax…

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Understanding TDS Under Section 194J: A Complete Guide

Introduction to TDS and Its Importance Tax Deducted at Source (TDS) is a critical aspect of direct taxation in India. It mandates that certain payments…

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Important TDS and TCS Compliance Dates for October 2024

Understanding TDS and TCS Compliance The Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) are crucial components of the Indian tax system.…

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