As per the new section inserted 206 AB, can you please tell me if a person did not filed his ITR for F.Y 2018-19 & 2019-20 even he didn't work with us in both years.shall we deduct his tds with higher rate or not? what should we done in this case?
If aggregate TDS is >=50k in each of the year, then twice the normal rate would apply I think. Whether or not there was any transaction during these years is immaterial I think.
Leave a Reply
Your are not logged in . Please login to post replies
CAclubindia
