Dipjyoti Majumdar (CA in service & CS. dipmaj@ rediffmail.com ) (3468 Points)
30 January 2014Friends
As per latest communication from Dept employees paying rent > 1 lakh per year have to mandatorily report PAN of landlord to employer for calculation of TDS under section 192.
What would happen if the landlord does not have a PAN. I feel then in that case a declaration should be taken by the employee from landlord that he/she (landlord) does not have a PAN.
Regards,
Sandeep Garg
(Consolidation and IndAS Application)
(1056 Points)
Replied 30 January 2014
You are right Dipjyoti, in case landlord does not have PAN, declaration in this regard will work.
CAclubindia
