CBDT amends Compliance Check Functionality for Section 206AB & 206CCA

CBDT amends Compliance Check Functionality for Section 206AB & 206CCA The Central Board of Direct Taxes (CBDT) amends Compliance Check Functionality for Section 206AB & 206CCA vide a Circular No. 10/2022 dated 17th May 2022 to determine the non-filers. To…

Compliance Check Functionality for Section 206AB & 206CCA

Compliance Check Functionality for Section 206AB & 206CCA Finance Act, 2021 inserted two new sections 206AB and 206CCA in the Income-tax Act 1961 which takes effect from the 1st day of July 2021. These sections impose a higher TDS/TCS rate…