Deduction of TDS % IN CASE OF SPECIFIED PERSON U/S 206AB & 206CCA
This query is : Resolved
11 July 2023
A Professional Assessee laid in specified person u/s 206AB and 206CCA because he had not filed the income tax return of AY 2022-23 within due date but filed ITR U of AY 2022-23 after December 2022 so what the liability for deduction of TDS% applicable for AY 2024-25.
20 August 2023
TDS should be deducted at higher of the following:
Twice the rate prescribed in the Act, i.e. X% (2*X%), or 5%
Twice the rate prescribed in the Act, i.e. X% (2*X%), or 5%
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