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Tax on salary income without pan

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(Querist)
28 December 2013 An employee haveing taxable income say Rs. 300000/- (before applying tax as per slab) then would tax payable IF HE/SHE does not have PAN.
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CA Siddhartha Bhardwaj

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CA Siddhartha Bhardwaj (Expert)
28 December 2013 If the income of a person exceeds the exemption limit (Rs. 2,00,000) in this case, then he is liable to pay tax on such income.

The fact that he does not have a PAN will NOT discharge him from his tax liability.

Further, the employer is required to deduct tax on the salary paid to the employee.

If the employee does NOT furnish his PAN, then tax will be deducted at the rate of 20%.
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
28 December 2013 to clarify, this TDS at 20% shall be applicable on the whole of the amount ie Rs 3 lakhs less 80C exemption.




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