Higher rate of TDS under section 206AB applies where non filers meet the statutory filing lapse and TDS threshold conditions. Section 206AB applies when a deductee has not filed the income tax return for the assessment year relevant to the immediately preceding previous year, the due date under section 139(1) for filing that return has expired, and the aggregate tax deducted and collected at source from the deductee in that previous year meets the statutory threshold.
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Provisions expressly mentioned in the judgment/order text.
Higher rate of TDS under section 206AB applies where non filers meet the statutory filing lapse and TDS threshold conditions.
Section 206AB applies when a deductee has not filed the income tax return for the assessment year relevant to the immediately preceding previous year, the due date under section 139(1) for filing that return has expired, and the aggregate tax deducted and collected at source from the deductee in that previous year meets the statutory threshold.
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