17 June 2011
if no pan is available then section 206AA comes into play in that case tax is to be deducted at the highest of the followinfg\ 1. rates prescibed in the act] 2. rates in force[which are given in part II of schedule first to rthe Finance Act]\ 3. 20 per cent IN UR CASE NATURE OF PAYMENT IS NOT CLAER HENCE NO PRECISE ANSWER CAN BE GIVEN
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