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Relief for Taxpayers: CBDT Waived Interest on TDS/TCS Payments Delayed Due to Technical Glitches

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Relief for Taxpayers: CBDT Waived Interest on TDS/TCS Payments Delayed Due to Technical Glitches [Read Circular] The Central Board of Direct Taxes (CBDT) has notified that interest charges under sections 201(1A)(ii) and 206C(7) of the Income Tax Act, 1961, can henceforth be waived in cases where TDS or TCS payments were delayed due to technical […]

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Central Govt Employees News - 7th Pay Commission - Staff News

Waiver of Interest Charges for Delayed Tax Credit Due to Technical Issues: Income-tax Order under section 119 - Circular No. 5/2025

The following article Waiver of Interest Charges for Delayed Tax Credit Due to Technical Issues: Income-tax Order under section 119 – Circular No. 5/2025 first appeared on Central Govt Employees News - 8th Pay Commission - Staff News. Waiver on levy of interest under section 201(1A)(ii)/ 206C(7) of the Act, as the case maybe, in specific cases – Order under section 119: IT Circular No. 05/2025 dated 28.03.2025 Waiver of Interest Charges for Dela…

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