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(New)Section 206AB and 206CCA applicable from 01.07.2021

Applicability of Section 206AB and 206CCA w.e.f 1st July 2021: Introduction of Section 206AB & 206CCA:The Union Budget 2021 has proposed introduction of two new Sections 206AB & 206CCA of the Income Tax Act 1961, applicable from 1st July 2021. The primary objective of introducing these …