Taxpayers attention! Form 16 and Form 24Q formats changed; some other major updates in CBDT circular
Now a new column named 388A has been added to Form 24Q. Information about other TDS/TCS deductions will be given in this column to make tax reporting easier for both companies and employees.
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March 31, 2025, is deadline to claim pending TDS credit for these past years: Ask bank, deductor to revise TDS returnSo in case taxpayer don't have TDS certificate, he/she should check 26AS for "F" status ... the online correction utility related to Form 24Q for the fourth quarter (Annexure-II) for FY 2024-25 ...
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