The Income-tax Dept. has released a new functionality “ITR Filing Compliance Check” for Scheduled Commercial Banks to check the ITR filingstatus of PANs in bulk mode. This will ensure banks to deduct TDS under section 194N at higher rate in case of non-filers of ITR.The Income-tax Dept. has released a new functionality “ITR Filing Compliance Check” for Scheduled Commercial Banks to check the ITR filingstatus of PANs in bulk mode. This will ensure banks to deduct TDS under section 194N at higher rate in case of non-filers of ITR.taxmann.com Latest Statutory HappeningsRead More