Relief from special provision for higher rate of TDS/TCS for non-filers of income-tax returns

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..... r higher TDS for non-filers of income-tax returns. Similarly, section 206CCA of the Act provides for special provision for higher TCS for non-filers of income-tax returns. These non-filers in these sections are referred to as specified person . 2. These sections define specified person to mean a person who has not furnished the return of income for the assessment year relevant to the previou .....

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..... o amend the definition of the specified person in sections 206AB and 206CCA of the Act so as to exclude a person who is not required to furnish the return of income for the assessment year relevant to the said previous year and who is notified by the Central Government in the Official Gazette in this behalf. 5. This amendment will take effect from 1st April, 2023. [clauses 89 91] .....

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