https://www.taxtmi.com/manuals?id=1927 Section 206CCA requires elevated tax collection at source on amounts received from a specified person-i.e., a recipient who failed to furnish the immediately preceding year's return and whose prior year aggregate TDS and TCS meets the statutory threshold. Tax is collected at the higher of twice the otherwise applicable TCS rate or a prescribed fallback rate, subject to an overall cap. Where other non filer withholding provisions apply, the highest applicable collection rate is to be applied. Exclusions cover non residents without a permanent establishment and persons notified by the government. en-us Thu, 19 Jan 2023 15:18:00 +0530 Mon, 14 Apr 2025 10:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=1927 Section 206CCA requires elevated tax collection at source on amounts received from a specified person-i.e., a recipient who failed to furnish the immediately preceding year's return and whose prior year aggregate TDS and TCS meets the statutory threshold. Tax is collected at the higher of twice the otherwise applicable TCS rate or a prescribed fallback rate, subject to an overall cap. Where other non filer withholding provisions apply, the highest applicable collection rate is to be applied. Exclusions cover non residents without a permanent establishment and persons notified by the government. Manuals Income Tax Thu, 19 Jan 2023 15:18:00 +0530 https://www.taxtmi.com/manuals?id=1927