Lower or nil TDS certificates to go fully online soon, rules being framed
New rules are being prepared for electronic applications for lower TDS certificates. Taxpayers can soon apply online for reduced or nil tax deductions. This initiative aims to ease compliance burdens for small taxpayers. The Income Tax department disposed of many appeals in the last fiscal year. Faceless assessments were also completed, though fewer than previously.
We haven't written up this one. The Economic Times - Economy has the full story — the link below goes straight to it.
