Requirement of furnishing PAN to tax deductor is mentioned in the following section of the act:
a) sec. 206
b) sec 206 (A)
c) sec 206 (AA)
d) none of these
Menu
MCQ
Replies (2)
ITS 206(AA) - As per Section 206AA, TDS is required to be deducted @ 30% if the deductee does not possess OR fails to furnish PAN (Permanent Account Number) on Sections 192/A , 194B/BB otherwise it will be 20%.
thank you sir..... :)
Recent Topic
- Business income source for husband and wife
- Set off of LTCL against STCG under section 536(2n)
- Audit Workflow tool
- Is CA through direct entry easy for a commerce stu
- Dividend and withholding tax - DTAA- RSU
- NRI Query: Capital Gains Tax Exemption under Secti
- Royalty payment to UK
- Calculate ITR2 tax with equity and non equity prof
- LTCG on residential property sale - Rebate?
- TDS MISMATCH AND AIS
Related Topics
CAclubindia
