Tds

This query is : Resolved

sravan (Querist)
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14 June 2013 Is Transporter needs to deduct TDS for non submission of PAN instead of it provides 15G/15H for no deduction of TDS?
And
Is any mandatory to file return when tds is not deducted because of availability of PAN?

TDS is not deducted in case where pan also not provided
is that expendicture is allowable under TDS provisions???

Please suggest Me in above cases ............

CA Kapil Verma

CA Kapil Verma (Expert)
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14 June 2013 Sravan
If the person give the form 15g/h then there is no need to deducted tds.

and the expense will be not disallowed.

But on 15 g/h please insure that pan no is return on it, if pan is not mention on the same then deducted tds @20%

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