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Former Member
Feb 18, 2010 at 10:43 AM

AS per New Section 206AA for TDS

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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