If anyone's PAN is inoperative, while making any payment on which is liable to TDS, in this situation, should we consider threshold limit or not. E.g. Interest paid Rs.3000/- during the year which is below threshold limit but PAN is inoperative. In this case, should we deduct the TDS at higher rate, or not to deduct the TDS considering the threshold limit.
| Originally posted by : sabyasachi mukherjee | ||
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If any pan is inoperative, the pan must be submitted and a fresh pan must be applied for. |  |
Request you sir not to misguide querists.
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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