Cryptocurrency Q&A Can I cancel TDS?

Can I cancel TDS?

Sara Sara Sun Oct 27 2024 | 7 answers 1237
I am wondering if there is a way to cancel the TDS. I am not sure about the process and would like to know if it's possible to do so. Can I cancel TDS?

7 answers

Tommaso Tommaso Tue Oct 29 2024
Once a return has been submitted, it cannot be cancelled.

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charlotte_anderson_explorer charlotte_anderson_explorer Tue Oct 29 2024
This rule applies to all types of returns, whether they are related to taxes, purchases, or any other financial transactions.

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alexander_watson_astronaut alexander_watson_astronaut Tue Oct 29 2024
The reason for this policy is to ensure the integrity and accuracy of financial records.

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Elena Elena Tue Oct 29 2024
If a return were allowed to be cancelled, it could lead to confusion and discrepancies in the financial system.

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KpopMelody KpopMelody Mon Oct 28 2024
Additionally, allowing cancellations could be exploited for fraudulent purposes.

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