Deduction of TDS

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Querist : Anonymous

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Querist : Anonymous (Querist)
26 February 2011 Sir

if any company has not taken the TAN number and providing commissions to the agents, than what are the procedures to save the company from the penalties.

Regards

Shiv

27 February 2011 Sorry there is no short cut methods. You have to take TAN no, deduct tax and pay TDS with interest. No need of paying any penalty immediately.


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