extended going income tax se related time < strong>limit
what are new TDS rules?< /p>
From July 1, those who buy goods and do not file Income Tax Department returns will be fined more than before. This has been introduced under section 206AB and 206CCA of this rule. According to which if someone does not file income tax return for two years, then this TDS will become 5 percent. That is, the rate of TDS will increase by 50 times, which will be much higher than before.