PAN Inoperative-higher TDS

This query is : Resolved

Murali (Querist)
Follow

23 January 2025 Dear Sir,

we have deducted TDS @ 2% under 94 C, but his PAN is inoperative in the month of Dec 2024 bill booked.

now he linked with aadhar, becomes operative,

we are liable to deduct 20% or 2% in Dec 2024 because of we are filing TDS return

please confirm

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
Follow

23 January 2025 For the month of December TDS deduction will be at 20%.

Message likes : 1 times

CA Roomi Gupta

CA Roomi Gupta (Expert)
Follow

24 January 2025 Pan Operative or not need to be checked at the time of deductions . As it was inactive at that time TDS @20% should be deducted.

Message likes : 1 times

CA ANILKUMAR B.COM FCA DISA

CA ANILKUMAR B.COM FCA DISA (Expert)
Follow

25 January 2025 clarify whether TDS is deducted on the basis of payment or credit entry. If TDS is on the basis of payment, you are liable to pay @20%. If TDS is based on credit entry, change the date of TDS entry after operation of PAN and pay the TDS of 2% with interest.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

cgagroshg cgagroshg

venkanna setty

Jayaram Bramhajosyula

NITHIN GEORGE

DHRUV PATEL

Subscribe Now

PAN Inoperative-higher TDS

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Article Assistant

CA Final

Accountant

GST CONSULTANCY

GST CONSULTANT