📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

  • google app store apple app store
  • âś–

      Question

      If PAN of the deductee is not available, TDS should be

      deducted at:
      A 5% Correct Answer Incorrect Answer
      B 10% Correct Answer Incorrect Answer
      C 20% Correct Answer Incorrect Answer
      D 30% Correct Answer Incorrect Answer

      Solution

      Section 206AA imposes a penalty-like higher TDS rate to force PAN disclosure. If PAN not furnished → TDS @ 20% or higher rate if applicable. (Section 206AA requires deduction @ 20% in absence of PAN.)

      Practice Next

      Relevant for Exams:

      ask-question