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
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%.
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