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The new section 206AB and 206CCA are proposed to be inserted in the Income Tax Act, 1961 by the Finance Bill, 2021 which provides for a higher rate of TDS/TCS to be applied if the transactions are done with the non-filers of the Income Tax Return.
In this communication, we are going to touch base an important change in the Tax Law that is proposed by the Budget and going to impact drastically every business operating in India.
Section 194P - Conditional Relaxation for a senior citizen who is the age of 75 years or more from filing return of Income Tax under Union Finance Bill 2021/Budget 2021.
Live class on PF & ESI Enrollment & Returns Filing(with recording)
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