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<h1>New Tax Rules Ease 20% TDS for Non-Residents Without PAN u/s 206AA; Updated Form 27Q Requirements.</h1> The Income-tax (17th Amendment) Rules, 2016, issued by the Central Board of Direct Taxes, provides relaxation from the 20% Tax Deducted at Source (TDS) rate under section 206AA for non-residents, excluding companies, without a Permanent Account Number (PAN). This applies to payments such as interest, royalties, fees for technical services, and capital asset transfers if specific details and documents are furnished. These include the deductee's name, contact information, address, residency certificate, and Tax Identification Number. Amendments to Form No. 27Q include additional fields for the deductee's contact details and identification numbers.