ATS Indore

ATS Indore

Tally Prime Sections are 206AB and 206CCA

Hope you, your loved ones and team members are safe and healthy.

You may be aware that 2 sections have been inserted in the Finance Act 2021. These sections are 206AB and 206CCA. Both refer to the way Tax has to be deducted or collected from the person/ taxpayer who has not filed returns in the 2 preceding financial years and the tax liability is Rs. 50000 or more. The details of this can be found in our blog here.

To help you and your customers to take care of the same in your data, we have prepared 2 articles (Article on 206AB) (Article on 206CCA) 

Please share this with your customers so that they can be prepared to manage the scenario.

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