Section 206AB of the Income Tax Act is recently introduced vide the Finance Act, 2021. Under section 206AB of the Act on any sum or income or the amount paid, or payable or credited, by a person (herein referred to as deductee) to a “specified person” who has ...
Section 192A of the Income Tax Act, 1961 deals with the TDS on premature withdrawal of accumulated balance from the Employees’ Provident Fund (EPF). This section ensures that the government…Read more » TDS / TCS Compliance Reminder for January 2025 ...
Section 206AB of the Income Tax Act was recently introduced vide the Finance Act, 2021. It applies to any sum or income, or the amount paid, payable, or credited by one person (referred to as the deductee) to a "specified person." A "specified person" is someone who hasn't filed ...