Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Seller's Failure to Provide PAN Under Sec 194Q Triggers Higher TDS Rate Under Sec 206AA.</h1> If a seller does not provide their Permanent Account Number (PAN) to the buyer under section 194Q of the Income Tax Act, the tax deducted at source (TDS) is governed by section 206AA. In such cases, the TDS rate will be the higher of the following: the rate prescribed in the relevant provisions of the Act, the rate or rates in force, or 5%.