Under Section 206AA, if the payee does not furnish their PAN, TDS is deducted at the highest of the following rates:
1.The rate specified in the relevant provision of the Income Tax Act.
2.The rate or rates in force.
3.A flat rate of 20%
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Under Section 206AA, if the payee does not furnish their PAN, TDS is deducted at the highest of the following rates:
1.The rate specified in the relevant provision of the Income Tax Act.
2.The rate or rates in force.
3.A flat rate of 20%