Rachit (Analyst) (913 Points)
02 April 2010Wef 01-04-2010, Higher TDS @ 20% becomes applicable in the event the deductee is unable to provide PAN.
Whether this revised provision is even applicable to Non-residents as in most cases they do not hold an Indian PAN number and who would be having just one-off transaction with the Indian parties.
Ashish Sharma
(Service)
(1028 Points)
Replied 02 April 2010
Yes Rachit,
It will apply to non resident also
get the press release below
CAclubindia
