Taxpayers take note! Crack down against 40,000 TDS/TCS defaulters planned by Income Tax department – The Times of India

Officials will target recurring defaulters, examine instances showing significant variations between tax deduction and advance tax payment. (AI image) Taxpayers take note! The Income Tax Department plans to initiate a countrywide action against defaulters who have not deposited their TDS/TCS, according to officials. Based on tax deductions in FY22-23 and FY23-24, nearly 40,000 taxpayers are…

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