TDS deduction at higher Rate u/s 206AB

Author
View profile
Last updated: 22 June 2021
Quick Summary
This document explains the provisions of Section 206AB of the Income Tax Act, which mandates higher TDS rates for individuals who haven't filed their income tax returns for the two preceding assessment years and whose TDS/TCS exceeds Rs. 50,000. It details the conditions for applicability, the specific higher rates that may apply, and provides a draft declaration format for taxpayers to declare non-applicability. This guide is useful for both deductors and taxpayers needing to understand these new TDS rules.

File details
PDF 630 KB 1 downloads Income Tax
File description
New Insertion of Section 206AB for TDS Deduction at higher rate in the case of non-filers of Income Tax Return for last 2 years #pdf
Download PDF 630 KB Like
Submitted by · Posted 22 June 2021 · Other files by Mera Consultant · Report
Comments

Recent Files in Income Tax

View more →
PDF

FAQs on TAN as per IT Act 2025

18 September 2026 Download
PDF

FAQs on Tax Audit as per IT Act 2025

18 September 2026 Download
PDF

FAQs on Agricultural Income (Section 2(5) and Rule 270) as per IT Act 2025

17 September 2026 Download
PDF

Withholding Tax Rates as per IT Act 2025

14 September 2026 Download
PDF

ICAI Releases Handbook on Residential Status for NRIs

10 September 2026 Download
PDF

User Manual of UDIN Portal for ICAI DigiCA Platform

01 September 2026 Download

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Pro Member venkanna settyvenkanna settyPro Member ShakthiShakthiPro Member Sanjay Gangan Sanjay Gangan Pro Member CA Varun GuptaCA Varun GuptaPro Member NILESH CHAVDANILESH CHAVDA
Subscribe to Pro
Join an elite circle of professionals


Popular Files


  1. ICAI Suggestions on GST Registration & Refund Processes
  2. ICAI E-Way Bill Handbook - Aug 2026 Edition
  3. Processing Status of Citizen’s Charter Applications as of Sept 30, 2026
  4. RBI Bulletin - September 2026
  5. RBI | Report of the Advisory Committee on Ways and Means Advances to State Govts
  6. Monthly Economic Review - Sept 2026
  7. ICSI | Exposure Draft of Proposed Syllabus 2027
  8. ICAI Students' Journal: October 2026 Edition

Latest Job Openings

View all
Company
20 September 2026
Semi Qualified CA

Navin & Associates

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 07 October 2026
Article Trainee/ CMA Trainee

RMA And Associates LLP

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 07 October 2026
Article assistant

S.K.Bajpai & Co.

Noida

B.Com

View Details
Company
ARTICLESHIP 16 September 2026
CA Article Trainee

SR BAGAI & Co.

New Delhi

CA Inter

View Details
Company
22 September 2026
Account Assistant

Chirag P Shah & Co. Chartered Accountant

Pune

B.Com

View Details
Company
ARTICLESHIP 01 October 2026
Articled Assistant

KPSN & Associates LLP

Chennai

CA Inter

View Details
Company
18 September 2026
Accounts & Finance Specialist

ULTRA CHEMICAL WORKS

Thane

CA Final

View Details
Company
30 September 2026
Senior Accounts Executive

Codeboard Technology

Chennai

MBA

View Details