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mandatory PAN

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(Querist)
15 April 2011 Is furnishing PAN mandatory for any kind of income to party paying income by any source on wich TDS liability arises
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Kumar Babu.G

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Kumar Babu.G (Expert)
15 April 2011 Yes party has to furnish PAN compulsorily otherwise TDS has to be deducted @ 20%
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CA KRISHNA KUMAR DARUKA

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CA KRISHNA KUMAR DARUKA (Expert)
16 April 2011 no such requirement exists till you cross threshold of TDS limits If the threshold is crossed, PAN is mandatory.
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