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Budget: TDS/TCS correction statements restricted after 6 years from original filing year. Aimed at certainty & curbing misuse. Effective Apr 1, 2025.

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....Income Tax: Time limit introduced for furnishing correction statements regarding TDS/TCS. No correction statement shall be delivered after expiry of six years from end of financial year in which original TDS/TCS statement was delivered. Amendments effective from April 1, 2025 to ensure certainty and finality in filing process, prevent misuse.....

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