Why is the onus of ensuring that TDS reflects in your tax statement with the one whose tax is deducted at source? Instant updates in the tax statement as soon as the vendor account is credited should be mandatory. Not just the life of solopreneurs and taxpayers in general, it will also ease a lot of work for the Income Tax department. Why is the onus of ensuring that TDS reflects in your tax statement with the one whose tax is deducted at source? Not just the life of solopreneurs and taxpayers in general, it will also ease a lot of work for the Income Tax department.

Source: Indian Express August 06, 2023 01:26 UTC