Higher Rates of TDS if ITR not Filed | New Sections 206AB & 206CCA of Income Tax Act
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- čas přidán 23. 06. 2021
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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.
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 move has expanded to encompass persons who have a PAN card and taxable income but do not file their ITRs for various reasons.
Where tax is needed to be deducted/collected at source on any sum or income or amount paid/received or payable or credited by any person to/from the Specified person, tax shall be deducted/collected at higher rates, according to Subsection (1) of Section 206AB/206CCA.
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Very impactmaking video sir🙏
Thank you boss 🙏
very nicely you explained both the section , thank u sir
Thank you , very informative
Very nicely explained
Thanks
Thanks for the information sir
Very informative vedeo sir jo
Very informative video
Thanks Sir
Very nice video sir
What will be the TCS rate for the person who had not filed his/her 2 years Income tax Returns
SIR THANKS
Dear Sir, Really informative Video. I was missed to file ITR for last year. FY 21-22. I have received letter from my bank mentioned that TDS will applicable on my account. what document I have to submit to avoid this TDS tax.
Thanks sir nicely explained...but please make a detailed video of 206CCA ?
Agar ho sake toh Sir sab videos mai case studies bhi dal diya karo achhe se samj aa jayega 🙏 thank u
50 lac limit ke liye taxable amt (excl Gst) consider karna hai ya incl Gst? aur Tds konsi value par katega?
if fy 2019-20 return is filed but not 2018-19, tds in both fy is above 50k, then what is the cosequence
who is specified person? seller or buyer in sale of property?
Sir would appreciate if you share the PPT for taxation on Salary, like personal income tax planning for salaried asesseee
What if a deductee (company/ firm etc) was incorporated only in fy 2020-21 or 2021-22 nd it's not liable to file itr in fy 18-19, 19-20
Very informative vedio. My query. 1. How to check that my contractors filed return in previous year or not?
Sir one case
We have some retainer who joined with us from 1st April 2021 and they not filled any income tax returns and they have agregate TDS nil in previous year so what will be in this situation
I have doubt regarding 206AB/ 206CCA. In that section two conditions were mentioned to be called as specified person. Does two conditions to be satisfied or any one condition is enough to attract 206ab/cca. ??
Sir 👍🙂 Very Informative Video,
206ab ye kiske liye applicable he? means for fd holder ko declaration form fill karna hoga kya ? aur ha to kitne amt ke liye applicable he , bcoz IR to bohot hi kam he, aur fd bhi kam amt ki ho to ?
🙂 Again thanks for your guidance Sir
Specified person ki list kha se milegi.
Sit in my form 26AS PART B 206CQ WITH An amount of 404 and tax is zero please help me in which section of ITR1 can show the 404 AMOUNT while filling
sir mere airtel paymnt bank mai 18000 ka charg lag gya tha .... mane un se pucha ki charg kasa laagahai toh bole TDS 206AB ka charg kata hai ...... sir voh paymnt kase show hogi ITR mai or kase refund hogi ???
Hi sir
Mere A.y 19-20 (invalid) huye hai aur A.y. 20-21 ke return file nahi kiye. To kya main A.y. 21- 22 ke return file karke specified person ki list se bahar aa sakta hu? Plz sir give solution very Urgently plz..
सर मेरे उधार रूपे जो की 8 लाख की करीब है वो पर्सन neft के द्वारा मेरे अकाउंट मे जमा करवाना चाहता है ये तरीका सही है या ऑनलाइन मोड से लू ताकि ITD से किसी प्रकार की कोई इंक्वायरी फ्यूचर मे नही आए Plz tell me वह पर्सन कैश मे rupees देने से मना कर रहा है
Thanks sir ji
Sir jo itr fill nehi krte the or unka koi tds v nehi tha unka form kese fill krna hai?
J form accountant v fill kr sakte hai ja only CA hi fill kr sakte hai?
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Is se kiya hugaa benfit
Very confusing. ..
BJP ko bolo sab par tax le bus m rent par BHI tax le y government Chor hai
Thanks Sir
Hi sir
Mere A.y 19-20 (invalid) huye hai aur A.y. 20-21 ke return file nahi kiye. To kya main A.y. 21- 22 ke return file karke specified person ki list se bahar aa sakta hu? Plz sir give solution very Urgently plz..