<s>[INST] What would be the rate of TDS under section 194Q if seller does not furnish his PAN to the buyer? [/INST] As per s​ection 206AA, if the deductee does not furnish PAN, tax shall be deducted at a rate higher of the following:

   •  The rate prescribed in the relevant provisions of the act, or

   •  Rate or rates in force, or

   •  5%​ </s>