Insertion of new section 206CCA.

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..... 206CCA. (1) Notwithstanding anything contained in any other provisions of this Act, where tax is required to be collected at source under the provisions of Chapter XVII-BB, on any sum or amount received by a person (hereafter referred to as collectee) from a specified person, the tax shall be collected at the higher of the following two rates, namely: (i) at twice the rate s .....

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..... sand or more in each of these two previous years: Provided that the specified person shall not include a nonresident who does not have a permanent establishment in India. Explanation. For the purposes of this sub-section, the expression permanent establishment includes a fixed place of business through which the business of the enterprise is wholly or partly carried on. . - C .....

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..... specified person, in addition to the provision of this section, the tax shall be collected at higher of the two rates provided in this section and in section 206CC. Sub-section (3) thereof seeks to define specified person to mean a person who has not filed the returns of income for both of the two assessment years relevant to the two previous years immediately prior to the previous year in wh .....

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