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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


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