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of <h1>Section 206CCA higher TCS rule for non-filers (double rate or 5% with 20% cap) omitted effective 1 April 2025</h1> Section 206CCA established a special TCS collection rule targeting non-filers: where tax is collectible under Chapter XVII-BB from a specified person who failed to file the relevant return and whose aggregate TDS/TCS in the prior year was = Rs.50,000, tax was to be collected at the higher of twice the statutory rate or 5%, subject to a 20% cap; if section 206CC applied, the higher of the two provisions applied. Exceptions included non-residents without a permanent establishment in India and persons exempted by notification. The provision was omitted effective 1 April 2025.
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