Section 206CC of Income Tax Act "Requirement to furnish Permanent Account number by collectee"
206CC. (1) Notwithstanding anything contained in any other provisions of this Act, any person paying any sum or amount, on which tax is collectible at source under Chapter XVII-BB (herein referred to as collectee) shall furnish his Permanent Account Number to the person responsible for collecting such tax (herein referred to as collector), failing which tax shall be collected at the higher of the following rates, namely:-
(i) at twice the rate specified in the relevant provision
of this Act; or
(ii) at the rate of five per cent.
(2) No declaration under sub-section (1A) of section 206C
shall be valid unless the person furnishes his Permanent
Account Number in such declaration.
(3) In case any declaration becomes invalid under
sub-section (2), the collector shall collect the tax at
source in accordance with the provisions of sub-section (1).
(4) No certificate under sub-section (9) of section 206C
shall be granted unless the application made under that
section contains the Permanent Account Number of the
applicant.
(5) The collectee shall furnish his Permanent Account Number
to the collector and both shall indicate the same in all the
correspondence, bills, vouchers and other documents which
are sent to each other.
(6) Where the Permanent Account Number provided to the
collector is invalid or does not belong to the collectee, it
shall be deemed that the collectee has not furnished his
Permanent Account Number to the collector and the provisions
of sub-section (1) shall apply accordingly.
(7) The provisions of this section shall not apply to a
non-resident who does not have permanent establishment in
India.
Explanation.-For the purposes of this sub-section, the
expression "permanent establishment" includes a fixed place
of business through which the business of the enterprise is
wholly or partly carried on.