Sponsored
    Follow Us:

Section 206AB

Latest Articles


Major Income Tax Amendments applicable from 1st April 2025

Income Tax : Explore major income tax updates for FY 2025-26, including revised tax slabs, TDS/TCS rules, rebates, and benefits for startups. S...

March 3, 2025 29187 Views 0 comment Print

Removal of Higher TDS/TCS for Non-Filers of Income Tax Return from 01.04.2025

Income Tax : Finance Bill 2025 removes higher TDS/TCS for non-filers, effective from April 1, 2025, easing compliance burdens, though higher ra...

February 2, 2025 1449 Views 1 comment Print

FAQs on Higher rate of TDS under section 206AA and 206AB

Income Tax : Explore key FAQs about higher TDS rates under Sections 206AA and 206AB, including applicable rates, exemptions, and compliance che...

August 25, 2024 2880 Views 0 comment Print

FAQs on TDS on Rent Under Section 194-I & Section 194-IB

Income Tax : Understand the TDS provisions on rent payments under Sections 194-I and 194-IB of the Income-tax Act. Know the rates, thresholds, ...

August 23, 2024 23508 Views 0 comment Print

CBDT excludes RBI from definition of specified person under Sec. 206AB & 206CCA of Income Tax Act, 1961

Income Tax : CBDT excludes RBI from the definition of specified person under Sections 206AB & 206CCA of the Income Tax Act, 1961. Learn the imp...

May 29, 2024 1233 Views 0 comment Print


Latest News


All about TDS on Dividend with format of Form 15G, 15H and Declarations

Income Tax : Understand tax deduction rules for dividends as per Income-tax Act, 1961 amendments. Detailed guide on TDS rates, exemptions, and ...

July 4, 2024 1311 Views 0 comment Print


Latest Notifications


CBDT exempt RBI from Higher TDS deduction under Section 206AB

Income Tax : RBI exempted from Section 206AB of the Income Tax Act, 1961, via Ministry of Finance notification dated May 27, 2024. Learn more a...

May 27, 2024 4209 Views 0 comment Print

Procedure for sharing information with tax deductors/collectors

Income Tax : DGIT(S)/ADG(S)-2/Compliance Check/432/2021-22 Government of India Ministry of Finance Central Board of Direct Taxes Directorate of...

June 9, 2022 1179 Views 0 comment Print

Circular on use of functionality under section 206AB & 206CCA

Income Tax : The provision of higher TDS under section 206AB is not applicable on tax to be deducted under sections 194-1A, 194-IB and 194M. Th...

May 17, 2022 13929 Views 0 comment Print

Section 206AB & 206CCA Compliance Check Functionality procedure

Income Tax : Income Tax Department has released a new functionality Compliance Check for Section 206AB & 206CCA to facilitate tax deductors/col...

June 22, 2021 47001 Views 2 comments Print

Compliance Check functionality for Sections 206AB & 206CCA

Income Tax : t may be noted that as per the provisos of sections 206AB & 206CCA of the Act, the specified persons shall not include a non-resid...

June 21, 2021 69771 Views 8 comments Print


Latest Posts in Section 206AB

Major Income Tax Amendments applicable from 1st April 2025

March 3, 2025 29187 Views 0 comment Print

Explore major income tax updates for FY 2025-26, including revised tax slabs, TDS/TCS rules, rebates, and benefits for startups. Stay informed to plan effectively.

Removal of Higher TDS/TCS for Non-Filers of Income Tax Return from 01.04.2025

February 2, 2025 1449 Views 1 comment Print

Finance Bill 2025 removes higher TDS/TCS for non-filers, effective from April 1, 2025, easing compliance burdens, though higher rates for invalid PAN will remain.

FAQs on Higher rate of TDS under section 206AA and 206AB

August 25, 2024 2880 Views 0 comment Print

Explore key FAQs about higher TDS rates under Sections 206AA and 206AB, including applicable rates, exemptions, and compliance checks.

FAQs on TDS on Rent Under Section 194-I & Section 194-IB

August 23, 2024 23508 Views 0 comment Print

Understand the TDS provisions on rent payments under Sections 194-I and 194-IB of the Income-tax Act. Know the rates, thresholds, and compliance requirements.

All about TDS on Dividend with format of Form 15G, 15H and Declarations

July 4, 2024 1311 Views 0 comment Print

Understand tax deduction rules for dividends as per Income-tax Act, 1961 amendments. Detailed guide on TDS rates, exemptions, and required documents for shareholders.

CBDT excludes RBI from definition of specified person under Sec. 206AB & 206CCA of Income Tax Act, 1961

May 29, 2024 1233 Views 0 comment Print

CBDT excludes RBI from the definition of specified person under Sections 206AB & 206CCA of the Income Tax Act, 1961. Learn the implications of this amendment.

CBDT exempt RBI from Higher TDS deduction under Section 206AB

May 27, 2024 4209 Views 0 comment Print

RBI exempted from Section 206AB of the Income Tax Act, 1961, via Ministry of Finance notification dated May 27, 2024. Learn more about the implications and details.

TDS rates in case of Specified Person having Inoperative PAN

December 8, 2023 109644 Views 2 comments Print

Explore TDS rates for Specified Persons and those with Inoperative PAN under sections 139AA, 206AA, and 206AB. Learn implications, exceptions, and check your status on the Income Tax Reporting Portal.

Section 206AB: Special provision for deduction of TDS for non-filers of ITR

December 6, 2023 4965 Views 0 comment Print

Explore Section 206AB of Income Tax Act, imposing higher TDS rates for specified persons not filing ITR. Learn conditions, rates, and exemptions under this provision.

Understanding Higher TDS Rates: Section 206AA and 206AB

October 28, 2023 16764 Views 0 comment Print

Explore how Section 206AA and Section 206AB impact TDS rates. Learn when higher rates apply, exemptions for non-residents, and get answers to key questions.

Sponsored
Sponsored
Search Post by Date
March 2025
M T W T F S S
 12
3456789
10111213141516
17181920212223
24252627282930
31