TDS Return
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
27 July 2010
i am short of PAN limit. i dont have PAN for the parties. how to file the return with NO PAN for few parties
27 July 2010
you can delete the number of entries of the parties in which challan no. is not mentioned. The system will take it as the challan amount will be higher. In future when you get the PAN you can revised the return
27 July 2010
AGREED
27 July 2010
As Section 206AA is applicable from 01-04-2010 then it is mendatory to have PAN on the date of deduction. If not then TDS shall be deducted higher of 20% or TDS rate. Go through Section 206AA because there are very important provisions which are mentioned there and they shall be followed.
27 July 2010
IF DEDUCTEE ARE FOLLOWING SECTION 206AA, STILL THE PERSON CAN FACE THE SAME PROBLEM WHICH IS STATED AS ABOVE.
27 July 2010
20 % TDS rate was included in order to discourage the parties who don't care to provide their PAN to the deductor.
But the TDS return requirements of 85 % for 26Q remains the same.
In that case, all the challan details should be entered in the return whereas in the deductees field, enter the details of only those whose PAN nos are available to you.
a correction statement for this return can always be filed, once the remaining PAN are received.
But the TDS return requirements of 85 % for 26Q remains the same.
In that case, all the challan details should be entered in the return whereas in the deductees field, enter the details of only those whose PAN nos are available to you.
a correction statement for this return can always be filed, once the remaining PAN are received.
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
- PPF interest-As Exempt Income disclosure
- Under construction property in ITR
- Scrutiny and reopening of past returns
- Booth for sales promotion
- Upload Level ValidationITR3Category of Defect B/D
- Building tax payment deduction in rental Income
- F & O PROFIT REPORTING FOR AY 2026-27
- Difference in GSTR3B system generated which is correct and actual Payment it asks
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- 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
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
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
