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Section 206AA

Section 206AA Mandatory Requirement of Furnishing PAN-TDS

Section 206AA has been introduced to endow that any person whose receipts are subject to deduction of tax at source i.e. the deductee, shall essentially furnish his/her PAN to the deductor failing which the deductor shall deduct tax at source at higher of the these rates – Applicable rate of TDS or At the rate of Twenty Percent Additional Points Related To Section 206AA No certificate u/s 197 will be… Read More »Section 206AA Mandatory Requirement of Furnishing PAN-TDS