From the next financial year, employees who have income from sources other than salary will have to submit the new Form 12BAA. CBDT has released this form on October 15, 2024. Through this form, they will be able to tell their employer about the TDS and TCS deducted. The Income Tax Department has simplified the … Continue reading CBDT modified the rules: Now salaried taxpayers will find it easy to claim TDS and TCS credit.