HI All,
Just wondering how we are mapping the new requirement for TDS for the new Sec 206AA
http://law.incometaxindia.gov.in/TaxmannDit/DispCitation/htmpage.aspx?fn=http://law.incometaxindia.gov.in/DitTaxmann/FinanceAct/FinAct20092/Finact69.htm
here the new section states that if the vendor doesnt have PAN Number TDS should be deducted to 20%
How can we map this?
Thanks
Best Regards
Shashi