Alternate of rule 139A(5)(c)

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35 Points Posted on 17 October 2021
If the buyer does not have the pan card
so can a seller generate invoice of the amount 2lakh or more on aadhar number?
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On 17 October 2021 at 12:58 Report
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This discussion addresses whether a seller can issue an invoice for £2 lakh or more using an Aadhaar number if the buyer lacks a PAN card. While payment via bank transfer is possible, the seller faces TDS (Tax Deducted at Source) liabilities, making it problematic. The consensus leans towards this not being a viable option due to tax regulations.

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SEO Sai Gr. Hosp.
212535 Points Posted on 17 October 2021

Which mode he/seller is accepting the payment?

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On 17 October 2021 at 15:10
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35 Points Posted on 17 October 2021
By bank
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On 17 October 2021 at 15:55
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SEO Sai Gr. Hosp.
212535 Points Posted on 17 October 2021

YES. But in case of TDS laibility, NO.

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On 17 October 2021 at 16:17
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35 Points Posted on 17 October 2021
Ok thank you sir
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On 17 October 2021 at 22:44

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