Declaration formate for not deduct TDS U/s 206AB

New TDS provision U/s 194Q - Purchase on Goods and U/s 206AB TDS at Higher rate for Non filer of IT return introduced by Government of India effective from 1st of July 2021. Please go through on below link of new Provision.

We also would like to invite your attention to the provisions of newly inserted Section 206AB & 194Q under the Act.

Also read : TDS on Purchase of Goods U/s 194Q W.e.f. 01-07-2021

Also read : Higher Rates of TDS/TCS For ITR Non-Filers U/s206AB/206CCA

If the applicability of these provisions to your company, we request you to share the requested information with your supplier/deductee/deductor on below declaration format in your letterhead.

                                                                                                                                     Date :

To,
Name

Address


Sub.: confirmation of PAN and Income Tax return filing details for purpose of determining Tax Deduction at Source rate.
Ref : Communication on section 206AB of the Income Tax Act, 1961.

Dear Sir,

I/We ______________________ do hereby provide the following information to you for the purpose of determining the TDS rate for any sum or income or payment made or credited to our / my account during the FY 2021-22, for the purpose of section 206AB of the Income Tax Act, 1961.

We / I state that our / my Permanent Account Number is as under. Further, we / I confirm that we / I have filed our / my Income Tax Returns for last two previous years. Acknowledgment numbers for filing the same are also being given for your reference.

Sr. No.	Particulars	Reference No.
1	PAN
2	ITR Acknowledgment No. for AY 2019-20
3	ITR Acknowledgment No. for AY 2020-21

Below point is applicable only if a tax return has not been filed as stated above:

I/We hereby confirm that the aggregate tax deducted and tax collected at source is not Rs. 50,000/- or more in each of the two preceding Financial Years 2019-20 and 2020-21.

1. Yes
2. No

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

I/we state the above information is true and correct.

For,____________

(Sign)