We filed Form 27Q for TDS on a foreign company who doesn't have a PAN in India. Hence we wrote PANNOTAVBL. Deduction was made as per rate in DTAA. Now we have received a notice saying that there is an error in the return as PAN number is not mentioned for 1 deductee. How to reply to this notice?
5 Replies
Eswar Reddy S
(CFO- at NHTF)
(58270 Points)
Replied 22 April 2022
If PAN was not available then higher tds can solve this issue
sabyasachi mukherjee
(27579 Points)
Replied 24 April 2022
As the assesse is an nri any transactions entered into India is to be governed by Indian laws.
Eswar Reddy S
(CFO- at NHTF)
(58270 Points)
Replied 24 April 2022
You may enter alpha numeric suggested by IT dept ...
ABCPD1234E
ABCPD1234E
Sowmya.G
(CA)
(504 Points)
Replied 13 May 2022
Yes if pan is not available Higher TDS rate will solve the issue.
Eswar Reddy S
(CFO- at NHTF)
(58270 Points)
Replied 13 May 2022
Will you able to give Tds certificate to NRI ?
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