No PAN - deduct at the higher of the rate specified in the relevant provision, the rates in force, or 5% where tax is deductible under s.393(1) Sl.8(ii) or 8(v) and 20% in any other case
- 1961 Act
- Section 206AA
Section findersection 397(2)(b)(i)Act page 496
Section 206AA in the Income-tax Act, 2025
The answer
Section 206AA of the Income-tax Act, 1961 is section 397(2)(b)(i) of the Income-tax Act, 2025. The Income-tax Act, 2025 is in force from 1 April 2026 and applies from FY 2026-27.
As enacted
Source: the enacted text of the Income-tax Act, 2025 [30 of 2025], as amended by the Finance Act, 2026, page 496. This page sets out the Table entry as read from the Act; read the section and the Notes to its Table before relying on it for a return or an opinion.
Questions this answers
What is section 206AA called in the Income-tax Act, 2025?
Section 206AA of the Income-tax Act, 1961 is section 397(2)(b)(i) of the Income-tax Act, 2025. The Income-tax Act, 2025 is in force from 1 April 2026 and applies from FY 2026-27.