Easy Office
LCI Learning

Deduction of TDS % IN CASE OF SPECIFIED PERSON U/S 206AB & 206CCA

This query is : Resolved 
Profile Image

Profile Image

(Querist)
11 July 2023 A Professional Assessee laid in specified person u/s 206AB and 206CCA because he had not filed the income tax return of AY 2022-23 within due date but filed ITR U of AY 2022-23 after December 2022 so what the liability for deduction of TDS% applicable for AY 2024-25.
Profile Image

Asha Kanta Sharmapro badge online

Profile Image

Asha Kanta Sharmapro badge online (Expert)
20 August 2023 TDS should be deducted at higher of the following:
Twice the rate prescribed in the Act, i.e. X% (2*X%), or 5%

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links