Relief for dedution of TDS/TCS at normal rate for the FY 2023-24

ajay taneja (27 Points)

24 April 2024  

Relief for dedution of TDS/TCS at normal rate for the FY 2023-24

If PAN is locked due to it not being linked to Aadhaar, then you have to deduct TDS/TCS at a rate higher than the normal rate. CBDT has now said that if you contact those persons and get their Aadhaar PAN linked by 31st May 2024, then you will not have to deposit TDS/TCS at higher rate for the FY 2023-2024.