ITR Update: Filing Tax Return is Compulsory if TDS, TCS Amount Exceed INR 25,000
As per the new income tax rules, those with an aggregate TDS or TCS of INR 25,000 or more during a financial year must file their returns compulsorily. For senior citizens, the amount extends to INR 50,000 or above. The central government has decided to bring more people into the tax database. As per the