On Sunday 12th July, 2020 the Income Tax Department has facilitated a new functionally for banks and as well post offices to ascertain the applicability rates of TDS on cash withdrawal of above ₹ 20 lakh in case of persons who have not filed their income tax return and that of above ₹ 1 crore in case of a filer of ITR. More than 53,000 requests for verifying TDS rates … [Read more...]