Check sibling questions

It is Higher of

  • Double of TCS Rate
  • 5%

Example

  • If TCS Rate is 1%, then in case of no Pan number, TCS Rate is 2% or 5% whichever is higher i.e. 5%
  • If TCS Rate is 2%, then in case of no Pan number, TCS Rate is 4% or 5% whichever is higher i.e 5%
  • If TCS Rate is 5%, then in case of no Pan number, TCS Rate is 10% or 5% whichever is higher i.e 10%
CA Maninder Singh's photo - Expert in Practical Accounts, Taxation and Efiling

Made by

CA Maninder Singh

CA Maninder Singh is a Chartered Accountant for the past 12 years. He also provides Accounts Tax GST Training in Delhi, Kerala and online.