CBDT issued Circular No. 6 on 23rd April, 2024, to address the grievances faced by deductors/collectors who collected TDS/TCS at the normal rate but were required to deduct/collect at double the rate due to the PAN of the deductee being inoperative because of non-linkage with Aadhar. The circular st...

Effective from April 1, 2024, significant changes have been made to the regulatory landscape for Charitable Trusts, specifically in Section 11 of the Income Tax Act, 1961. These amendments entail crucial alterations in deduction policies, corpus donations, and audit report submissions. Trustees of C...