From October 1, 2024, new TDS rules provide employers with extended time to deposit TDS, raising concerns about employee TDS credits. However, experts clarified that the new rule won't affect employee tax credits.
Hyderabad: Low cost airline SpiceJet is under the scanner of Income Tax Department for suspected violations of TDS (tax deducted at source) and distribution of Form-16 to its employees, a top CBDT official said today.
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