File ITR to keep away from TDS/TCS deduction at increased charge, say analysts

CBDT has issued a round referring to Part 206AB and 206CCA of the IT Act, which offers particulars about these to whom the upper TDS/TCS charges needs to be relevant.


People who haven’t filed their Earnings Tax Return (ITR) for 2020-21 (FY21) will now be within the listing of non-filers ready by the Earnings Tax (IT) Division. Tax Deduction at Supply (TDS) and Tax Assortment at Supply (TCS) will probably be levied at a better charge from such individuals with impact from April 1, 2022.

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First revealed: Fri, 20 Could 2022. 06:06 IST

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