TDS Controversy – Blessed are the ignorant, for they are not confused
The Government had notified a new Form 17 for TDS – God and CBDT only know where the form is available. In the meantime those who were not aware of the changes made by CBDT merrily made their TDS payments in the old Form. Only those who were studious and assiduously following the law and its frequent changes were at a loss. Many of them did not make their payments in May waiting for the Government clarification, which did not come.
Where ignorance is bliss, it is foolish to be wise.
See our TIOL TOP for a detailed analysis.