TDS

This query is : Resolved 

01 July 2010 hello all

My queries are:

1. If an assessee does not have PAN then is it right that he cant file it return?

2.If deductor doesnt have PAN of deductee the will he issue form 16 and will deductee get tax credit when hw\e files his return quoting his PAN?

3.Is TDS requirement there on pension also?

01 July 2010 1) in case assessee does not have PAN, he has to apply for PAN no than file his IT RETurn

2) The Deductor will issue Form 16 to the deductee,but in such case deductor will deduct TDS @ 20%. and the deductee can claim the amount of TDS deducted by the deductior on the basis of Form No 16 issued to him.

Yres, Tds is applicable on pension also.

01 July 2010 Thanks a lot for replying and solving my queries sir.


01 July 2010 Please also tell me where to deposit form 49a for allotment of pan

01 July 2010 you need to fill form 49A and give to any nearst NSDL centre with proofs and required fees



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