In case vendor is not linked his pan to adhar
then 20% tds is essential.
If we deducted 20%tds instead of 2% for 194C
Then can deductee will avail 20% tds credit ,or 2%
please guide
If deductor deduct TDS @ 20% , than Deductee a/c should be credited with 20% TDS and can availed credit of 20% TDS.
In case of inoperative PAN , TDS @ 20% rate is specified for all sections
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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