Tds u/s 206aa
This query is : Resolved
18 January 2012
As per Section 206AA, TDS is deductable @ 20% if deductee does not have PAN No.. Further, we have to furnish the PAN No of deductee at the time of Filling Return ( Form No. 26Q). So please explain how we will show the TDS deducted under section 206AA in the quarterly return.
18 January 2012
no requirement to give PAN if TDS is deducted @ 20%.
Anuj
Anuj
25 January 2012
Thanks for ur valuable suggestion. It mean that we will show the payee name and amount, TDS deducted in return without specifying the PAN No. of payee.
25 January 2012
Yes
Sec 206AA comes into picture for non submission of PAN by deductee.
Anuj
Sec 206AA comes into picture for non submission of PAN by deductee.
Anuj
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- ITC temporary reversal and reclaim
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- RCM INVOICING FROM NOV-2024
- Confusion around Form 26QB fields
- Sale of property furniture sale
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- TDS under section and rate of TDS
- GST input on scooter purchased
- TDS under section 194Q and TCS under section 206C
- GST input on car insurance and repairs
- GST input on Diwali gift to employee
- GST input on Mobile Handset
- Material and freight in same invoice
- TDS under section 194J inclusive of reimbursement of expenses
- TDS on Material and Labour in same invoice
- Should I be worried about and rectify reporting Jan,Feb ,March 2024 foreign salary in schedule FA?
Trending Online Classes
CAclubindia
