Declaration / information for deduction of tax at source u/s 194Q of the Act and u/s 206AB/206CCA TDS/TCS on non-filers of returns.

Date :

To,

ABC Pvt. Ltd.

C-82, Sector-8, Noida

Sub: Declaration / information for deduction of tax at source u/s 194Q of the Act and u/s 206AB/206CCA TDS/TCS on non-filers of returns.

Dear Sir,

This is with reference to your letter dated 25/06/2021 requiring our declaration / information in regard to deduction of tax at source u/s 194Q of the Act and  U/s 206AB/206CCA TDS/TCS on non-filers of returns . The information is being provided hereunder:

  1. Since your company is liable to deduct tax u/s 194Q of the Act, you may deduct the tax @0.1 % of sale consideration paid /credited by your company to us on the amount exceeding Rs.50 lacs during the current financial year. We also confirm that we will not take any action to collect tax at source under section 206C(1H) of the Act w.e.f. 01.07.2021.
  2. Permanent Account Number of our company is _______________ Further, we have duly filed our returns of income for Assessment Years 2019-20 and 2020-21 as per the information given hereunder:
A.Y. Date of Filing return Acknowledgement No.
2019-20
2020-21

Please take note of the above information and confirmation and deduct tax at the appropriate rate taking cognizance of the above information.

Thanks & Regards,

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