Whose pan card should give

This query is : Resolved

YELLANKI RATHNAGIRI (Querist)
Follow

23 January 2015 My client Mr X is owner of the house and he has given power of attorney to his daughter

his daughter gave this house to bank for monthly rent (rent value 25000 PM)and rent amount is credited in daughter Bank Account

both father and daughter are income tax assesses

now bank people asking PAN Card for deducting TDS

now whose PAN card should give in bank
whether Father Pan Card Or Daughter Pan Card

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
Follow

23 January 2015 Pan card of the father who is the owner of the property may be given.

Rupesh Jain

Rupesh Jain (Expert)
Follow

23 January 2015 pan card of father to be give due to owner is father.

CA ANILKUMAR B.COM FCA DISA

CA ANILKUMAR B.COM FCA DISA (Querist)
Follow

24 January 2015 POA does not convey any right or title or create any interest in respect of such immovable property in favour of such person. So Father's PAN should give.

Manish Thakkar

Manish Thakkar (Expert)
Follow

24 January 2015 POA gives powers of ownership, not the title of ownership ,Further as provision of income tax related to house property, actual owner to be taxed for property, hence pan card of father has to be provide for TDS purpose.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Tushar Gupta

madhuseshu yathirajam

CA.K.RAMAKRISHNA. PRABHU

Krishnan V

chandradhass sathish

Subscribe Now

Whose pan card should give

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Senior Executive

Manager- Finance and Compliance

GST CONSULTANT

GST CONSULTANCY

Accountant

CA Final

Article Assistant

Associate CA