Tax Losses - Taxscan

COVID 19 – Tax Losses – Back for a Better Future

Tax Losses Carryback (‘TLCB’) is a system that allows taxpayers to set-off losses of the current year against the profits of past years. Globally, at least 20 countries have some form of TLCB system in...

TDS applicable - CBDT TDS - New TDS - TDS Rate Chart - Budget 2020 - Finance Minister - Taxscan

CBDT Clarifies Issues on TDS/ TCS [Read Circular]

The Central Board of Direct Taxes (CBDT) issued clarification on issuance for lower rate or nil deduction or collection of  Tax Deduction at Source (TDS) or Tax Collected at Source (TCS). The board received the...