Form 12BAA Launched: Finance Minister Nirmala Sitharaman had announced in the General Budget for the financial year 2024-25 to adjust TDS and Tax Collected at Source (TCS) from other sources against the Tax Deducted at Source (TDS) deduction from salary. Now the Central Board of Direct Taxes (CBDT) has issued a new form regarding this. … Continue reading New Income Tax Form: Now TDS will not be deducted from salary, this work will have to be done