https://www.taxtmi.com/acts?id=39426 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. en-us Mon, 01 Feb 2021 20:01:12 +0530 Mon, 01 Feb 2021 20:01:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=39426 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. Act-Rules Bills Mon, 01 Feb 2021 20:01:12 +0530 https://www.taxtmi.com/acts?id=39426