No need to furnish PAN to deductors if income below taxable limit-section 206AA is inapplicable in such cases-Karnataka HC

0 comments Tuesday, June 19, 2012

 Karnataka High Court has held in A Kowsalya Bai vs UOI that section 206AA is not applicable to persons where income is below exempted limit. The Karnataka High Court held in a writ petition filed chalenging the constitutional vires of section 206AA of Income Tax Act, 1961 that S.206AA of the Act is made inapplicable to persons and read down from the Statute for whose income is less than the taxable limit.
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