The Income Tax Department has issued an attention notice to Tax Deductors/Collectors.
The Income Tax Department has issued an attention notice to Tax Deductors/Collectors.

Attention Income Tax Deductors/ Collectors!!

Deductees/Collectees having PAN status as ‘Inoperative’ attract higher TDS/TCS rates applicable as per provisions of Section 206AA/ 206CC of Income Tax Act. Please refer CBDT Notification no 15/2023 and Circular no 3/2023 dated 28th March 2023. The status of PAN can be checked by clicking the link ‘Verify PAN Status’ available under the quick links.

Refer Circular

Notification

Notification