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Tds

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(Querist)
28 January 2014 if person has not PAN card how much TDS deducted &is any implication for person not have PAN & tax deducted?
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CA Mahavir Shah

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CA Mahavir Shah (Expert)
29 January 2014 If a deductee does not have PAN you needs to deduct TDS @ 20% or Rate of TDS prescribed whichever is higher.

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