Whether Section 206AA applies to payments to non-residents?
• In a net of tax contract, whether ‘grossing up’ applies, where
Section 206AA is applicable?
• What should be the income liable to tax in the hands of the
deductee in a net of tax contract scenario not furnishing its
PAN?
• From deductors’ perspective, what should be the amount on
which rate of 20% under section 206AA needs to be applied?
• Whether the rate of 20% under section 206AA is subject to levy
of surcharge or education cess?
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