To ease the compliance burden on tax deductor and tax collector in complying with provisions of section 206AB and 206CCA, the CBDT has introduced a new functionality “Compliance Check for Sections 206AB amp; 206CCA”. This functionality is made available through reporting portal of the Income-tax Department to check whether deductee or collectee is a specified person for sections 206AB amp; 206CCATo ease the compliance burden on tax deductor and tax collector in complying with provisions of section 206AB and 206CCA, the CBDT has introduced a new functionality “Compliance Check for Sections 206AB amp; 206CCA”. This functionality is made available through reporting portal of the Income-tax Department to check whether deductee or collectee is a specified person for sections 206AB amp; 206CCAtaxmann.com Latest Statutory HappeningsRead More
