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Income Tax - Frequently Asked Questions (FAQs)

FAQs on TDS on Rent

What will be the rate of TDS under section 194-I if the payee does not furnish PAN?

  • Contents

Ans. As per S​ection 206AA, if the payee does not furnish PAN, tax shall be deducted at a rate higher of the following:

  • The rate prescribed in the relevant provisions of the Act, or
  • Rate or rates in force, or
  • 20%​
 

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