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TCS RATE IF PAN NOT AVAILABLE

Vinay Sharma

Please advice me the TCS rate if PAN is not available.

 

Absence of PAN affects only TDS rates, not TCS rates. Query clarified regarding Tax Collected at Source. A query was raised regarding the Tax Collected at Source (TCS) rate when a Permanent Account Number (PAN) is not available. The response clarified that the absence of a PAN does not impact the TCS rate; it only affects Tax Deducted at Source (TDS) rates. (AI Summary)
Income Tax
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