u/s 206AA / 206CC – TDSMAN Blog

As per the recent CBDT Circular No. 08/2024 dated 5th Aug ’24, it has been provided that in the event of death of the Deductee / Collectee on or before 31.05.2024, higher deduction / collection rate under Section 206AA / 206CC will not apply if the deceased had not linked their PAN with Aadhaar. Click…

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Relief for Tax Deductors / Collectors – for inoperative PANs

TDSMAN1 year ago01 mins

Vide Circular No. 6 / 2024 dated 23rd April 2024, relief has been provided for deduction / collection of tax at a higher rate for ‘Inoperative PANs’ as per an earlier Circular No. 3 dated 28th March 2023. After receiving several grievances on the default notices for ‘short deduction / collection’ owing to the ‘inoperative…

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Non-applicability of higher TDS / TCS u/s 206AA / 206CC in event of death

Relief for Tax Deductors / Collectors – for inoperative PANs