banner_ad

TDS deduction at higher rate.

This query is : Resolved 
Profile Image

Profile Image

(Querist)
26 May 2011 Deduction of TDS @ 20% in case of non availibility of PAN of Deductee.

What is the liability of the deductor if not been deducted @ 20% by mistake or by ignorance?

Is the liability become comes on deductor head?

Please suggest.
Profile Image

Aditya Maheshwari

Profile Image

Aditya Maheshwari (Expert)
26 May 2011 Yes it is a obligation casted on the deductors head to deduct TDS at a higher rate of 20% if PAN not available. If not done then u have to pay from ur own pocket and if a chance then u can recover the same from the party if possible.
Profile Image

Anjan Ray

Profile Image

Anjan Ray (Querist)
27 May 2011 Thank you Mr. Aditya for your valuable suggesion.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news


Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
23 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
ARTICLESHIP 23 May 2026
Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details
Company
ARTICLESHIP 28 May 2026
Accounts, Audit & Compliance Executive

Shyam Joshi & Associates

Pune

B.Com

View Details
Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details
Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details