PAN quoting requirement in TCS Provisions-Section 206CC. Failure to quote PAN to invite deduction at twice the rate or 5% whichever is higher
February 1, 2017
Budget 2017-18, Income Tax
PAN quoting requirement in TCS Provisions-Section 206CC. Failure to quote PAN to invite deduction at the twice the rate or 5% whichever is higher Budget 2017-18 : Strengthening of PAN quoting mechanism in the TCS regime Statuary provisions for deduction of tax at source (TDS) at higher rate …