This post provides the TDS rate in case of no PAN is provided by the recipient .
TDS Rate in case of no PAN – Section 194J
TDS shall be deducted @ 20% in case payee has not furnished his PAN with the person responsible for deduction tax i.e. deductor.
A lawyer has rendered legal services to CVV India Pvt. Ltd. during PY 2018-19. He charged Rs. 15,00,000 for the services rendered by him. How much tax shall be deducted u/s 194J, if CVV India Pvt. Ltd. does not provide PAN to the lawyer ?
While the regular TDS would have been Rs. 150,000, in the given case, TDS shall be deducted @ 20% on Rs. 15,00,000 i.e. Rs. 3,00,000