HELLO FRIENDS, CAN ANY BODY TELL ME, IF A PERSON HAS NO PAN
CAN BANK DEDUCT TDS ON THE INTEREST?
IF YES, CAN THE PERSON AFTER APPLYING FOR PAN CAN TAKE THE TAX CREDIT. PLS EXPLAIN ME?
Menu
TDS
Replies (1)
Yes the bank will deduct TDS on interest even if the person has no PAN unless he provided form 15H/15G.
YES, THE PERSON CAN AFTER GETTING PAN TAKE THE TAX CREDIT provided he informs the bank his PAN and the bank quotes the same on his form 16
Recent Topic
- FEMA compliant structure
- Tax obligation in AY 2026-27
- EFILING ITR2 FROM COMMON FILING UTILITY
- SBI gold bond interest
- PPF Interest Exempt - But what drop down to choose
- Itr2 or itr3 intraday trade 1 loss of 70 paise
- Calculation of IT
- CA FINAL FR IndAS 33 Doubt(Corrected)
- Clarification Needed: Reporting Accrued vs Paid FD
- TDS on prize given to participants in Livestock sh
Related Topics
CAclubindia
