Simplified Laws Guide to Taxation and Legal Concern Where payment has been made to non-residents who did not have PAN and tax has been deducted on the strength of the provisions of DTAAs, the provisions of section 206AA could not be invoked by the AO to insist on the tax deduction at 20% having regard to overriding nature of Section 90(2). …
Read More »Higher TDS rate of 20% u/s 206AA on Income Tax Act not applicable to non resident
