Tds on interest on unsecured loan

This query is : Resolved 

19 April 2014 Dear Sir
We have to pay the interest Rs.42000/- on unsecured loan But the lonee has not provided the pan number. Is there 20% TDs applicable on it or not. If Yes then what will we write in the column of PAN number in the TDS return.

Regards
Satish Kumar

19 April 2014 TDS to be deducted @20% if PAN is not privided. In TDS Return mention PANNOTAVBL and flah higher deduction.


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