https://ift.tt/1G02nt9 TDS sections inserted by Union Finance Bill 2021

The Finance Bill 2021 has introduced following new sections in relation to Tax Deducted at source (TDS) and Tax Collected at source (TCS): i) Section 194Q- TDS on purchase of goods ii) Section 206AB: Higher rate of TDS for non filers of Income tax return iii) Section 206CCA: Higher rate of TCS for non filers of Income tax return iv) Section 194P: TDS in case of specified senior citizen https://ift.tt/eA8V8J June 22, 2021 at 12:45AM TaxGuru https://taxguru.in