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« Guidelines under section 194Q of the Income-tax Act, 1961... | Notification No. 74/2021 Central Board Of Direct Taxes... » |
All you need to know New TDS rules from tomorrow |
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June, 30th 2021 |
To check such non-filers, CBDT has introduced a new utility tool 'Compliance Check for Section 206AB & 206CCA' to ease the compliance burden of the tax deductor
To check such non-filers, CBDT has introduced a new utility tool 'Compliance Check for Section 206AB & 206CCA' to ease the compliance burden of the tax deductor
From tomorrow (July 1), non-filers of income tax returns for the past two fiscal years would be subjected to higher tax deducted at source (TDS) and tax collected at source (TCS) rate if such tax deduction was ₹50,000 or more in each of those two years.
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