TDS deduction at higher Rate u/s 206AB


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 0 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
Comments


CCI Pro


Popular Files


Company
ARTICLESHIP 01 September 2026
Articles

Saini Pati Shah & Co LLP, Chartered Accountants

Mumbai

CA Foundation

View Details
Company
19 August 2026
PAID ARTCILE ASSISTANT

My Legal Tax Consultants Pvt. Ltd.

Noida

CA Inter

View Details
Company
ARTICLESHIP 24 August 2026
Article Assistant

M/s.S.G.Salecha & Co.

Mumbai

CA Inter

View Details
Company
09 September 2026
Semi Qualified CA / CA Inter - 2 Groups Cleared

Getmyca Consultant Pvt Ltd

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 17 August 2026
CA Article Trainee

ASC Group

Noida

CA Inter

View Details
Company
21 August 2026
Finance Manager

Resollect Technologies Pvt Ltd

Mumbai

CA

View Details
Company
27 August 2026
ACCOUNTANT

CHARUPREETI & CO

Noida

Graduate (Any)

View Details
Company
24 August 2026
Semi-Qualified CA/CA Finalist - Tax, GST, Audit & Accounts

Bharat Shah & Associates

Mumbai

CA Inter

View Details