TDS
This query is : Resolved
08 May 2010
Experts please resolve my querry:
If PAN is not quoted, TDS @ 20% or rate applicable under respective section, whichever is higher, in
all cases from April 2010.But if we file TDS return for previous finacial year at present (i.e May 2010)without quoting PAN what is the rate applicable 20% or 1% (194 C)?
If PAN is not quoted, TDS @ 20% or rate applicable under respective section, whichever is higher, in
all cases from April 2010.But if we file TDS return for previous finacial year at present (i.e May 2010)without quoting PAN what is the rate applicable 20% or 1% (194 C)?
08 May 2010
Dear you will be filing return for the financial year 09-10.
As per amendment w.e.f. 01.04.2010 if PAN is not provided to deductor TDS should be deducted @ 20%. So for return of financial year the question of higher rate does not arises.
As per amendment w.e.f. 01.04.2010 if PAN is not provided to deductor TDS should be deducted @ 20%. So for return of financial year the question of higher rate does not arises.
09 May 2010
I am agree with SAnjay Gupta Ji.
09 May 2010
yes. Return for Fy 2009-10 rate issue will not arise
09 May 2010
Agreed
12 May 2010
agreed
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
- About TDS & Income Tax
- Section 194JA & JB Income which ITR Form to use
- Pass word to open justification report for Q1 for FY 2026-27
- Scrutiny and reopening of past returns
- PPF interest-As Exempt Income disclosure
- Booth for sales promotion
- F & O PROFIT REPORTING FOR AY 2026-27
- Type of Capital Gain
- FEMA regulation Act. for inward remitance
- Rental income of jointly held property
- TDS on Rent received on redevelopment of building
- Tax on Deemed Capital Gain
- 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
- Taxation in the hands of Landowner under JDA
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
