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Income Tax Department to crack down on 40,000 TDS/TCS defaulters
short by Anmol Sharma / on Wednesday, 26 February, 2025
The Income Tax Department is planning crackdown on individuals and businesses failing to deduct & deposit TDS/TCS, officials said. Nearly 40,000 taxpayers are being examined based on tax deductions claimed during the financial years 2022-23 and 2023-24, a report said. The focus will reportedly be on habitual violators, cases showing significant gaps between tax deductions and advance tax payments.
read more at Times Now