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All you need to know New TDS rules from tomorrow
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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