TDS to be deducted as per Tax Treaties rates even when PAN of non-resident payee not available

DCIT Vs Adani Wilmar Ltd. (ITAT Ahmedabad)

ITAT Ahmedabad held that in case of payments to non-resident, when PAN of non-resident payee is not available, TDS is to be deducted at the rates applicable in respective Tax Treaties.

Facts- In the intimation passed by AO dated the 03-08-2020, he has invoked section 206AA of the Act and held that the assessee company was under an obligation to deduct higher rate of Please become a Premium member. If you are already a Premium member, login here to access the full content.