Correction Statements For TDS/TCS Cannot Be Filled After 6 Years
Filing TDS (Tax Deducted at Source) and TCS (Tax Collected at Source) returns accurately is essential for ensuring smooth credit flow and tax compliance. But even the most meticulous filers can make mistakes — an incorrect PAN, mismatched challan details, or wrong deduction amount. Thankfully, the Income Tax Department allows the filing of correction statements to fix such errors. What many taxpayers may not realize is that correction statements for… Read More »Correction Statements For TDS/TCS Cannot Be Filled After 6 Years