Relief for these non-ITR filers from higher TDS in budget 2023

Income Tax

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Feb 02, 2023

There may be some individuals who are not obligated to file their income tax return (ITR). However, these individuals cannot be classified as non-filers. As a result, Union Budget 2023 has proposed changing the definition of "specified person" in sections 206AB and 206CCA of the Income tax Act, 1961, to exclude a person who is not required to submit a return of income for the assessment year relevant to the said previous year.

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