Income Tax dept to crack down on TDS/TCS defaulters; targets 40,000 taxpayers
- Posted on February 25, 2025
- By Business News Today
- 6 Views
Income Tax dept to crack down on TDS/TCS defaulters; targets 40,000 taxpayers
The income tax department is set to crack down on individuals and businesses that have failed to deduct and deposit TDS/TCS. Approximately 40,000 taxpayers from FY22-23 and FY23-24 are under scrutiny. This drive aims to penalize repeat offenders and correct significant discrepancies in tax deductions.
