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Q3. What happens if person does not pay TCS even after expiry of Ɵme prescribed for filing the TCS statement under proviso to 206C (3) of the Income-tax Act, 1961? Answer: The present provisions of ...

ALSO READ | Income Tax Rates In Budget 2025: New Regime Gets A 25% Slab, Know How Much You’ll Have To Pay The government has made no changes in the Old Tax Regime. In NTR, if you earn till Rs 12.75 ...