Higher Rate of Tax Collection at Source (TCS) for non-furnishing of ITR u/s 206CCA: RBI excluded from "Specified person".

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....The Central Government issued Notification No. 46/2024, u/s 206CCA(3)(ii), notifying the Reserve Bank of India as a person under the provision. This notification excludes RBI from the category of "Specified person" for higher Tax Collection at Source (TCS) due to non-furnishing of Income Tax Return (ITR).....