Hi.
(1) Notwithstanding anything contained in any other provisions of this
Act, any person entitled to receive any sum or income or amount, on
which tax is deductible under Chapter XVIIB (hereafter referred to as deductee)
shall furnish his Permanent Account Number to the person responsible for
deducting such tax (hereafter referred to as deductor), failing which tax shall be
deducted at the higher of the following rates, namely:—
(i) at the rate specified in the relevant provision of this Act; or
(ii) at the rate or rates in force; or
iii) at the rate of twenty per cent.
In case of Non Resident does not have PAN & as per Section 206AA tax rate is 20% & as per DTAA 10%.
whether Section 206AA will be prevail or DTAA.
please reply
CAclubindia
