Banks to check if you have filed ITR when income crosses TDS limit from July 1, levy 2X TDS if not

Banks to check if you have filed ITR when income crosses TDS limit from July 1, levy 2X TDS if not
 

As per the announcement made during Budget 2021, taxpayers might have to pay higher TDC/TCS from July 1, 2021, if they have not filed their ITR or do not file their ITR.

 

Dr. Suresh Surana, founder, RSM India, discusses more on this in The Economic Times.

 

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