New functionality issued for compliance checks for Section 206AB & 206CCA of the Income Tax Act

Last updated: 23 June 2021 Follow on Google News

The Central Board of Direct Taxes has issued a circular regarding theuse of functionality under Section 206AB and 206CCA of the Income-tax Act, 1961. These sections mandate tax deduction under Section 206ABor tax collection under Section 206CCA at a higher rate in the case of certain non-filers of r

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CCI News Desk

Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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