TDS on salary if PAN no. not provided

This query is : Resolved 

11 October 2010 Please advise if Employee does not provide PAN No. how tds to be deducted. assuming he is falling under :
1. 10% slab
2. 20% slab
3. 30% Slab
Rgds,
Ramesh

11 October 2010 As per the recent amendments W.e.f 01/04/2010, on non-submission of PAN, Tax is to be deducted @ higher of prescribed rate or 20%.
case 1) TDS 20%
2) TDS 20%
3) TDS 30%

11 October 2010 Thanks Sir. Tax will be deducted on total amount paid or on amount after exempting amount of Rs. 160000/-.


11 October 2010 IN MY VIEW ON TOTAL AMOUNT. OTHERWISE A PERSON WORKING IN TWO COMPANIES CAN AVAIL LIMIT OF RS. 160000/- TWICE. VIEWS OF OTHER EXPERTS ALSO SOLICITED.

11 October 2010 Agreed with Mr. Sanjay... In case NO PAN is provided, TDS should be deducted @ applicable slab rate or 20 % , whichever is higher.

& while taking this rate, you should not allow any IT benefits..i.e it should be flat @ 20 or 30 % , whichever is applicable..

11 October 2010 The amount of tax shall be deducted after providing the benefit of threshhold limit as the the income below threshhold limit is not taxable at all, hence shall not be subject to tax at all.

29 October 2010 20% of TDS on non submission of PAN. Ofcourse minimum limit of exemption need to be taken care

30 April 2014 simply deduct 20% on gross salary.... other default will get generated




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