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Applicability of cess

CA Sumit Arora (CA)     06 June 2012

CA Sumit Arora
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All CCI members. As all we know that payment made to non resident is liable for deduction of tax under section 195 of the income tax act. Now suppose the deductee has not provided the PAN then in the given situation what will be the rate of deduction of tax whether it will be 20% or 20.6% means will it attract cess or not. Section 206AA deals with the situation when a deductee does not provide his PAN and maximum rate specified is 20%, please reply. Thanks in advance.

Sumit Arora

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