A large number of tax payers are inhibited by these two forms they see only once a year. This article takes the jargon out of them for both the experienced and a new tax filer.
A lot of people experience a situation where they face a Tax Deduction at Source (TDS) from their banks.
The Reserve Bank in a notification said that it has been brought to its notice that some banks are not providing TDS Certificate in Form 16A to their customers in time, causing inconvenience to customers in filing their income-tax returns
Copyright © e-Eighteen.com Ltd All rights resderved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express writtern permission of moneycontrol.com is prohibited.