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

Last updated: 23 June 2021

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
Daily Limit Reached

You have reached your daily limit of 2 Free News

Subscribe to CCI PRO for unlimited access

Why Upgrade to CCI PRO?
  • No Ads
  • WhatsApp Broadcasts
  • Daily E-Newsletter
  • Unlimited News Access
BEST VALUE
2 YEAR PLAN
3,499
(Inclusive of GST)
1 YEAR PLAN
1,999
(Inclusive of GST)
Buy CCI PRO Now

Already a PRO member? Login here for an ad-free experience.

Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Guest

News posted by

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.

Comments

Recent News :

  1. CBDT Condones Delay in Filing Form 10AB for 80G Approval Applications Till 31st March 2026
  2. CBDT Notifies TDS Exemption on Aircraft Lease Rentals Paid to IFSC Units Under Income Tax Act, 2025
  3. CBDT Notifies TDS Exemption on Ship Lease Rentals Paid to IFSC Units Under Income Tax Act, 2025
  4. GSTN Releases FAQs on Mandatory Ship-to Field and Voluntary E-Way Bill Closure 2026
  5. ICAI Warns CAs Against Extremely Low Tender Fees, Disciplinary Action May Follow
  6. GSTN Revises Amendment of Aggregate Annual Turnover (AATO) Amendment Timeline for FY 2025-26
  7. ICAI Celebrates 78th CA Day 2026, Highlights AI, Ethics, Global Growth and Viksit Bharat Vision
  8. ICAI Makes Peer Review Process Digital, Introduces New PRB Web Portal
  9. Govt Extends Customs Duty Exemption on Critical Petrochemical Imports Till July 15, 2026
  10. Centre Notifies New Excise Duty Rates on Petroleum Products Effective 1st July 2026

More »


Popular News




Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Pro Member vairavvairavPro Member ACCFIN SOLUTIONSACCFIN SOLUTIONSPro Member CA Reshma prabhu CA Reshma prabhuPro Member Nilesh ManekNilesh ManekPro Member Abhishek KabraAbhishek Kabra
Subscribe to Pro
Join an elite circle of professionals


Browse by Category



Latest Job Openings

View all
Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details
Company
22 June 2026
Accountant

Global Image Technologies Private Limited

New Delhi

MBA

View Details
Company
24 June 2026
Chartered Accountant

CA Darshita Shah & Co

Nadiad

CA

View Details
Company
29 June 2026
Accountant (Finance & Compliance)

TRIEYEZ

Kolkata

CA

View Details
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details
Company
ARTICLESHIP 24 June 2026
ARTICLE ASSISTANT

BHUPINDER SHAH AND COMPANY

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 20 June 2026
Articleship

RB KESHRI & CO

Mumbai

B.Com

View Details
Company
22 June 2026
Finance Manager- Chartered Accountant

Triveni Turbine Limited

Bengaluru

CA

View Details