We are deducting TDS from salary from empolyee and his slab rate is 30%. H e has not submitted his PAN. At what rate should we have to deduct TDS from his salary.
Deepak Tapse (Accounts Manager - Taxation) (1771 Points)
09 May 2011We are deducting TDS from salary from empolyee and his slab rate is 30%. H e has not submitted his PAN. At what rate should we have to deduct TDS from his salary.
Mushak shareef
(eFiling Consultant)
(144 Points)
Replied 09 May 2011
Dear Deepak
Tds on salary is not deducted on the rate basis if the deductee has pan or not. You have to deduct the amount which is actually you have to deduct from his income which is paid by you over his limit Rs.160000.
suman
(account officer)
(44 Points)
Replied 09 May 2011
you will have to deduct the tds @ 20% even on 10% slab because he is not giving pan