All Tds Codes 2024 Income Tax. Stay compliant to avoid penalties. For the purposes of this section specified person means a person who has not filed the returns of income for both of the two assessment years relevant to the two previous years immediately prior to the previous year in which tax is required to be deducted, for which the.
Average rate of tax + health & education cess (surcharge if salary > 50 lacs) tds as per tax regime selected by employee. 1 below is table of revised tds rates applicable from 1 october 2024:
