TDS on non-filers: higher withholding rates apply to specified persons who fail to file returns, increasing deduction obligations. Section 206AB requires enhanced TDS on Chapter XVIIB payments to a specified person who has not filed returns for each of the two relevant assessment years and whose aggregate TDS/TCS in each such year meets the threshold; tax is to be deducted at the highest of twice the specified rate, twice the rate in force, or five percent. The section excludes nonresidents without a permanent establishment and interacts with section 206AA so that the higher applicable rate between the two provisions applies.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
TDS on non-filers: higher withholding rates apply to specified persons who fail to file returns, increasing deduction obligations.
Section 206AB requires enhanced TDS on Chapter XVIIB payments to a specified person who has not filed returns for each of the two relevant assessment years and whose aggregate TDS/TCS in each such year meets the threshold; tax is to be deducted at the highest of twice the specified rate, twice the rate in force, or five percent. The section excludes nonresidents without a permanent establishment and interacts with section 206AA so that the higher applicable rate between the two provisions applies.
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