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Income Tax - Frequently Asked Questions (FAQs) |
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FAQs on TDS or TCS on sale or purchase of goods |
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What would be the rate of TDS under section 194Q if seller does not furnish his PAN to the buyer? |
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Ans. As per section 206AA, if the deductee does not furnish PAN, tax shall be deducted at a rate higher of the following:
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