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mandatory PAN

This query is : Resolved 

15 April 2011 Is furnishing PAN mandatory for any kind of income to party paying income by any source on wich TDS liability arises

15 April 2011 Yes party has to furnish PAN compulsorily otherwise TDS has to be deducted @ 20%

16 April 2011 no such requirement exists till you cross threshold of TDS limits If the threshold is crossed, PAN is mandatory.


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