The Finance Act 2021 has introduced 2 new sections, Section 206AB and Section 206CCA of the Income Tax Act 1961, which mandates the person paying the amount to deduct TDS/collect TCS in case of non-filing of an income tax return by the specified person. The provisions of the above section is applicable w.e.f. 01.07.2021
Happy Reading!
Everyday Legal_12.06.2021 (2)
.pdf
Download PDF • 1.03MB