TDS at a higher rate on non-filer of Income Tax return (Section 206AB of Income Tax Act, 1961)
TDS at a higher rate on non-filer of Income Tax return (Section 206AB of Income Tax Act, 1961) Background: Section 206AA of the Act provides for higher rate of TDS for non-furnishing of PAN. Similarly, section 206CC of the Act provides for higher rate of TCS for non-furnishing of PAN. Such provisions have served their […]