TDS ON NO PAN
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
20 December 2010
Dear All,
At the time of credit made to the party, there is no PAN but before the TDS payment made the government, the able to get the PAN. So is the 20% rate applied on the credited to the party?
please, its urgent......
At the time of credit made to the party, there is no PAN but before the TDS payment made the government, the able to get the PAN. So is the 20% rate applied on the credited to the party?
please, its urgent......
20 December 2010
If PAN is provided before filing of TDS return and you are able to mention PAN in your TDS return then no need to deduct 20% TDS. But if you are unable to quote PAN in return then 20% TDS will apply.
So if are sure that party will provide PAN you can deduct TDS @ normal rate.
So if are sure that party will provide PAN you can deduct TDS @ normal rate.
Querist : Anonymous
Querist :
Anonymous
(Querist)
20 December 2010
thank you sir...
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