Sir,
One of my client had purchased a land from for around 70 lakhs and as per 194IA he needs to deduct TDS at 1% as sale exceeding 50 Lakhs but the problem is land belongs to some other and he has given power of attorney to another person my client had paid all the amount to power of attorney now in providing details in Form 26QB whose PAN No should be given whether the PAN of Power of attorney OR Actual Land Owner?????
Note: All the Payment is made by my client to the Power of Attorney
CAclubindia
