The move has expanded to encompass persons who have a PAN card and taxable income but do not file their ITRs for various reasons.
The goal of these sections, which are effectively extensions of Sections 206AA (TDS) and 206CC (TCS), is to bring more people into the tax net. The central government proposed Sections 206AB (TDS) and 206CCA (TCS), which include a particular provision for the deduction of TDS at a higher rate for non-filers of income tax returns within the time limit set out in Section 139(1), and will take effect on July 1, 2021. Download Presentation Background & Relevance
0 kommentar(er)
