20 November 2013
Tds on salary
If the deductee(salaried employee) has not provided his PAN deductor has to deduct tax @ 20%. My doubt is that if the employee's total income is 250000 and he is not having a PAN, on which amount the deductor has to apply this 20 % rate, on 250000 or on Rs. 50000(after deducting the basic exemption limit)
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CAclubindia
