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Section 206 AB tds
If tds deducted of a person is more than 50000/- in each of the financial year (2018-19& 2019-20) even he filed ITR before the due date i.e 31 July of the year but he revised his ITR after 31 July. the concern is that as per the section 206 AB on which rate the tds will be deducted i.e at twice or normal rate.
Replies (3)
I think normal rate should be deducted
It will be deducted at normal rates. You can check status of the deductee on insights portal if he is a specified person or not.
Thanks for the information
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