If an Individual (A) gives his PAN and issues LR in another name (B) then 0% TDS is applicable or not. Practically nobody issues LR quoting PAN, only they are putting Rubber Stamp (In the case of Individual Transporter). Pl advise the same
1 Replies
Deepesh Jain
(C.A (May 11 Batch))
(104 Points)
Replied 03 April 2010
leagely the person issuing lr and pan shd b same
practically use the Pan No provided and do get a copy of pan card else u would in trouble if department raise any objection
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