if an employee not linked his pan and aadhar, tds @ 20% shall apply on his Total pay or after deducting basic threshold exemption Rs.2.5 lakhs in old regime or Rs.3 lakhs in new regime?
plz explain the case with example, if Total annual salary is Rs.5 lakhs.
Menu
Tds on employee if PAN and aadhar not linked
Replies (9)
Quick Summary
20% but better to link
Hai.. thanks for your concern. I want to confirm whether threshold limit is applicable or not
It will be applied without claiming Basic exemption limit.
Pan and adhaar not linked furnish details
No Higher deduction required in case of salary even if PAN and aadhar not linked. Calculate the tax on salary in the same way as you did earlier.
@ sabyasachi mukherjee , stop creating nonsense on all post.
@ sabyasachi mukherjee , stop creating nonsense on all post.
If pan and adhaar not linked then 20% tds will apply.
@ sabyasachi mukherjee, Is same rule applicable on salary u/s 192 E
Respected sir.. thanks for the reply.. on which ground you are suggesting to not deduct TDS at higher rate for salary?
is there any specific circular from CBDT? respectfully request you to clarify sir..
is there any specific circular from CBDT? respectfully request you to clarify sir..
Check CBDT circular no. 10/2022,
Recent Topics :
- WRONG BILL NO FILED IN GST R1
- Addtional trade name for my another firm
- Commission / Agency Business without books: REAL E
- Difference between AIS and 26AS data.
- Applicability of FCRA to Article Processing Fees (
- GST Return
- Practical queries on buy back of shares
- Any faculty recommendations for latest batch recor
- FAI & FAST-DS 2026 query
- Is GST registration mandatory in this case
Related Topics :
CAclubindia
