Dear all,
Any employee if don't have Pancard then 20 % TDS need to be deducted on the whole amount or or above exemption limit i.e; Rs. 2,50,000/-
CA Tejas Mistry
(Chartered Accountant)
(431 Points)
Replied 06 October 2014
if the deductee does not provide PAN then directlyy need to deduct TDS @ 20% without any threshold limit.
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