Rate of TDS for parties not having PAN Card.....
This query is : Resolved
05 January 2009
At what rate TDS will be deducted if party is not having a PAN Card Number....Please do mention the relevant Circular number....
05 January 2009
The rate of TDS depends on the nature of service against which payment is being made (Professional or technical services,rent, contractors payments etc.)and on the status of payee(Whether company or non company)and not on whether the party is having PAN No. or not.
05 January 2009
At present, possession or otherwise of PAN is not a crieterion for deciding rate at which TDS has to be affected
I understand that in few countries, in cases where Deducutee does not furnish PAN (may be called differently in other countries), TDS is required to be affected at highest rate.
It appears as though there is a need to have similar rule here also
I understand that in few countries, in cases where Deducutee does not furnish PAN (may be called differently in other countries), TDS is required to be affected at highest rate.
It appears as though there is a need to have similar rule here also
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax on Deemed Capital Gain
- Type of Capital Gain
- Exiting partner in partnership firm in gst portal
- Regarding ITR filing with more value than showing in AIS/TIS
- F & O PROFIT REPORTING FOR AY 2026-27
- Rental income of jointly held property
- LIABILITY ADJUSTMENT
- Difference in GSTR3B system generated which is correct and actual Payment it asks
- GST ON TRAVELLING BILLS
- Banking Related Issue
- Can a single LLP in India legally operate multiple unrelated businesses (Travel, Cloud Kitchen, Ecom
- Housing Society-ITR5
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
