TDS Regarding

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Querist : Anonymous

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Querist : Anonymous (Querist)
02 July 2010 I read some NEWS about TDS charged 20% from 01.07.2010 for non submission of PAN is it Correct? Pls confirm us.

02 July 2010 Yes with effect from 01.04.2010 if PAN is not provided by deductee TDS to be deducted @20% on exceeding the threshold limit under respective section.

02 July 2010 Agree with Mr. Gupta

02 July 2010 Agreed with Mr Sanjay.
Just to add up, if the TDS rate is higher than 20% then higher rate wil apply.

Find here, the link for the press release on TDS, it will help you. >

https://www.caclubindia.com/forum/files/32_cbdt_pressrelease_01252010.pdf


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