Tds - deduction rules

Goutham marasani (Articled student) (31 Points)

06 December 2013  
Respected Sirs, As we know whenever we make payment to others,we have to deduct the TDS if the same applicable for TDS @ the rates specified in the act.And suppose if the PAN is not specified in the invoice we need to deduct @ 20%...but one of my client is having big turnover and having so many fixed customers..as a reason they are fixed PAN is not providing in invoices.but my client having their PAN in his records..Now what is case..? whether we need to deduct TDS @ 20% as there is no Pan in invoice or at normal applicable rates...kindly suggest me do we need PAN in each and every invoice or what...?? Regards, Goutham.M