Omission of special TCS provision for non-filers removes targeted collection rule, effective from next fiscal year. Clause 68 of the Finance Bill, 2025 proposes omission of section 206CCA, removing the special provision for collection of tax at source applicable to non-filers; the amendment takes effect from 1st April, 2025.
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Provisions expressly mentioned in the judgment/order text.
Omission of special TCS provision for non-filers removes targeted collection rule, effective from next fiscal year.
Clause 68 of the Finance Bill, 2025 proposes omission of section 206CCA, removing the special provision for collection of tax at source applicable to non-filers; the amendment takes effect from 1st April, 2025.
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