Festive Savings Are Here. Get 10% OFF on All CCI Pro Plans. Subscribe Now!

Higher Deduction TDS on PAN Aadhar not linked

804 views

Save Share

Join Us Follow Us Add as Source

BALA CHANDRAN

28 Points Posted on 22 November 2023

Can we claim/Refund of higher deducted TDS 20% on PAN Aadhar not linked

Replies (3)

Quick Summary

If you've faced higher TDS deductions because your PAN and Aadhaar weren't linked, you might be able to claim a refund. This is possible if the TDS return has been revised by the deductor. However, it's crucial to note that without linking your Aadhaar to your PAN, a refund is generally not possible. Linking these two essential documents is a mandatory compliance requirement in India for various financial activities.

Gokul Sharma

jamshedpur

3378 Points Posted on 22 November 2023

If TDS return revised by party.

Gokul sharma
gtaxsolutionsjsr @ gmail.com

V SUBRAMANIAM

Tax consultant

375 Points Posted on 22 November 2023

Unless otherwise aadhaar not linked to pan no refund possible.

Musrath Shaik

150 Points Posted on 22 November 2023

The linkage of PAN (Permanent Account Number) and Aadhaar is a crucial requirement for various financial transactions and compliance purposes in India. It is important to note that tax laws and regulations can change, so it's advisable to consult the latest information or seek professional advice.

As per the Income Tax Act in India, individuals are required to link their PAN with Aadhaar to file income tax returns. If there is a mismatch between the PAN and Aadhaar details, it could lead to various issues, including higher TDS (Tax Deducted at Source) deductions.

For further more detailed information on this topic visit: Aadhaar Enabled Payment System (AEPS): Banking Made Easy

To read more such trending content, visit Swipe Blogs.