Section 206AB : Declaration Format for filing of Income Tax Return for last two years

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Dear Madam/Sir,

Subject: Declaration confirming the filing of Income Tax Return for immediate two preceding years

This is in respect to payments due or payments to be made to us for Financial Year 2021-22 (period from 1 April 2021 to 31 March 2022). In this regard, with respect to provision of section 206AB of the Income-tax Act, 1961 (‘the Act’).  I, Ms/Mr/M/s. _________________ in capacity of Self/ Proprietor/ Partner/ Director/ Authorised signatory of _________________ (Name of entity) having PAN ______________ (PAN of Entity) registered office/permanent address at _____________________________________________________ do hereby declare the following (Tick as applicable):

Point 1

Income tax returns filed, details are as under

Financial Year Due Date of Filing Date of Filing ITR Acknowledgement No. Remarks

Point 2

Income tax returns not filed (Tick as applicable):

  • Total TDS and TCS for each of the last 2 Financial Year exceeds 50,000/- *
  • Total TDS and TCS for each of the last 2 Financial Year does not exceed 50,000/-

* In this case if TDS is applicable, it will be deducted at a higher rate.

I/We understand that this declaration is important for compliance of  TDS applicable on goods/ services as implemented by CBDT w.e.f. July 1, 2021, and In case of no PAN, the same would be deducted at a higher rate specified in Section 206AA or 206AB, as the case may be.

I/We hereby declare that I/We am/are duly authorized to give this declaration and the information stated above is true to the best of my/our knowledge and belief. If there is any mis-declaration, I/We undertake to indemnify __________________(Name of the buyer/service provider) for any loss/liability fully including any Tax, interest, penalty, etc. that may arise due to incorrect reporting of the above information.

For ________________ (Name of Entity)

Signature: ___________________

Name of person: _________________

Designation: __________________

Seal of Entity _________________

Place: __________________

Date: _________________


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