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of <h1>Provide PAN for TDS or Face Higher Tax Deduction Under Section 206AA of Income Tax Act, 1961.</h1> Section 206AA of the Income Tax Act, 1961 mandates that any person entitled to receive income subject to tax deduction at source must provide their Permanent Account Number (PAN) to the deductor. If the PAN is not provided, the tax will be deducted at a higher rate.
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