TDS/TCS On Non Filer of income tax return At Higher Rates

In case of non-filing of income tax return for last two years and where TDS /TCS is Rs. 50,000 or more in each of these two previous years, rate of TDS/ TCS shall be higher of:

– Twice the specified rate


– 5%

Salary income, payment to NR, income from lottery shall be excluded from this section.

Leave a Reply