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of <h1>Tax Collected at Source Doubles Without PAN Under Section 206CC of Income-tax Act; Non-Residents Exempted</h1> Section 206CC of the Income-tax Act mandates that any person (collectee) from whom tax is collectible at source must provide their Permanent Account Number (PAN) to the tax collector. If the PAN is not furnished, tax will be collected at twice the specified rate or at 5%, whichever is higher. Declarations and applications under certain sections are invalid without a PAN, and all related documents must include the PAN. If an invalid PAN is provided, it is treated as if no PAN was given. This section does not apply to non-residents without a permanent establishment in India.
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