Received notice to pay additional tax? How a TDS claim rejection can lead to extra payments
The income tax department will deny TDS credit and flag your ITR if it detects discrepancies between the TDS information reported in your return and that provided by the deductor. Ensuring accurate and consistent TDS data is crucial to avoid issues with the tax authorities. According to some experts, typographical errors in the PAN submitted by the taxpayer or recorded by the deductor can lead to incorrect reflection of TDS.
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