suppose the person comes under specified person and earlier his tds was deducted u/s 194c.
So now,while deducting higher rate of tds which section to quote 206AB or 194C?
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Section 206AB and 206cca
Replies (2)
Section 194C is to be quoted. However, while filing Form 2Q, in column for " Reason for non- deduction/lower deduction/ Higher Deduction/ Threshold/ Transporter etc. (Seenotes1to15)", Write“U” if the deduction is on higher rate in view of section 206AB for non-filing of return of income.
Form NO is to be read as 26Q
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