Tax deducted at source (TDS) is focused on collecting tax from the very source of income. The due date for filing TDS returns for the first quarter of FY23 is scheduled for July 31, 2022. The Income Tax department has been encouraging taxpayers to file their Income Tax Returns (ITR) as soon as possible and not wait for last minute rush. A taxpayer can claim their TDS amount by filing their ITR. Notably, July 31 is also the deadline for filing ITR for the assessment year 2022-23 (FY22).
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