Higher TDS for Income Tax Return Defaulters w.e.f. 1st July 2021 - Decoding section 206AB

Have you filed ITR for the previous two years? If not, then this article can disappoint you. This is the hard truth that income tax department has introduced a new section 206AB effective from 01.07.2021 that ensures higher deduction of TDS of the payees who has defaulted in filing their return of income for the preceding 2 years.

source https://www.caclubindia.com/articles/higher-tds-income-tax-return-defaulters-wef-1st-july-2021-decoding-section-206ab-45131.asp