Whether 20% tax rate is applicable to NRI's in case of no PAN?
Menu
Applicability of 20% tax rate to nri's in case of no pan
Replies (2)
yes..refer section 206AA
In such a case though you will deduct tax at source, you cannot issue TDS certificate. Also you will not be able to upload Form 27Q -- quarterly TDS return as there would be no PAN in payee field.
Regards,
Recent Threads
- Registration as deductor on traces site
- Rental Income from a Joint Holding property
- Itr 4 return filing question
- Whether GST applicable on Hardship Compensation pa
- ITC cannot be denied to Bona Fide Buyers for Suppl
- Unused ITC for Hotel after GST Change
- CA FINAL SPOM
- 44ad presumption of tax
- Friendly loan to blood relative?
- Tds penalty for in operative pans
Related Threads
CAclubindia
