Higher TDS for non filers under section 194 I requires withholding at elevated rates as specified by section 206AB. When a rent payee has not furnished a return, withholding under section 194 I must follow the special non filer mechanism: under section 206AB withholding ... Summary
Higher TDS for non filers under section 194 I requires withholding at elevated rates as specified by section 206AB.
When a rent payee has not furnished a return, withholding under section 194 I must follow the special non filer mechanism: under section 206AB withholding is the higher of twice the prescribed rate, twice the rates in force, or a specified minimum rate; that special non filer withholding rule ceased to apply w.e.f. 01 04 2025.
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