Latest Breaking News On - Rohit garg - Page 2 : comparemela.com

The Central Board of Direct Taxes (CBDT) has clarified that tax deductors will not be treated as defaulters for failures in deduction of tax at a higher rate on transactions between July 1, 2023, and March 31, 2024, if the Permanent Account Number (PAN) becomes inoperative due to non-linkage with Aadhaar. This relief will be exempt from penalties, providing relief to businesses facing tax notices for shortfalls in deduction.

Rohit gargShardul amarchand mangaldas coCentral boardDirect taxesPermanent account numberShardul amarchand mangaldasPenalty exemptionTax deductorsPan aadhaar linkageNon resident indiansIncome tax departmentCentral board of direct taxes cbdtDirect taxCentral board of direct taxes