TDS Deduction
This query is : Resolved
10 May 2011
Dear All
I have Deducted TDS on Salary @10%, but We Have Not PAN of the Deductee and as per deductee he applied for the PAN on 5th May'11, so my Question is that will I be defaulter for the deduction of TDS 10% instead of 20% (without PAN) or PAN no Application number will work.
Thanks a lot in advance
I have Deducted TDS on Salary @10%, but We Have Not PAN of the Deductee and as per deductee he applied for the PAN on 5th May'11, so my Question is that will I be defaulter for the deduction of TDS 10% instead of 20% (without PAN) or PAN no Application number will work.
Thanks a lot in advance
10 May 2011
yes...its default...
TDS should have been deducted @ 20 %. PAN application number won't work
TDS should have been deducted @ 20 %. PAN application number won't work
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