Please let me know the impact of Sec 206AA to the salaried employees.
Is the new section is applicable for all employees including those whose taxable income is less than the 1.6/1.9 lakh.
How the monthly tax amount the calcaulted if the employee doesn't have the PAN.
Yes sec.206AA is applicable to all payments to which tax is deductible under Chapter XVIIB that includes salary.
Prish Consultancy LLP
New Delhi
B.Com
View Details
PARV & Co.
New Delhi
CA Inter
View Details
K R Kiran Kumar & Associates
Bengaluru
CA Inter
View Details
Eshwar & Co Chartered Accountants - Nungambakkam
Chennai
CA Inter
View Details
CCI
Pro
CAclubindia
