18 January 2012
As per Section 206AA, TDS is deductable @ 20% if deductee does not have PAN No.. Further, we have to furnish the PAN No of deductee at the time of Filling Return ( Form No. 26Q). So please explain how we will show the TDS deducted under section 206AA in the quarterly return.
25 January 2012
Thanks for ur valuable suggestion. It mean that we will show the payee name and amount, TDS deducted in return without specifying the PAN No. of payee.
CAclubindia
