Taxpayers attention! Form 16 and Form 24Q formats changed; some other major updates in CBDT circular
The CBDT circular has been issued on 20 February 2025, and it will be applicable to the tax returns of the financial year ...
Explanatory memorandum to Budget 2025 said: “These limits on the income of the employees for the purpose of calculating perquisites were put in place more than 20 and 30 years ago respectively.
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