Hi Friends
I want to know if an assesse had not provided his pan to the deductor than at what rate tds should be deducted
whether higher of rate applicable Or 20%
Or someother rate for AY 2010-11
please reply
sonia (CA CS) (405 Points)
25 June 2010Hi Friends
I want to know if an assesse had not provided his pan to the deductor than at what rate tds should be deducted
whether higher of rate applicable Or 20%
Or someother rate for AY 2010-11
please reply
Hitesh
(finance)
(37 Points)
Replied 25 June 2010
hello
if assessee has not provide his pan no. to deductor then normal rates shall applied for a/y 2010-11.
bt from a/y 2011-12 rate will be 20% in the same case.
Prabeer
(B. COM (H) CA & CS Final)
(5484 Points)
Replied 25 June 2010
The applicable rate will be the higher of the rate as stated by the law under the respective section or 20 % flat rate.
Arpit Sharma
(CA Final & CWA Final Student)
(231 Points)
Replied 25 June 2010
Dear Sonia
With effect from 01.04.2010, if details of PAN No. is not being furnished to the deductor than deductor should deduct tax at normal rate or 20% whichever is higher
Thanks & Regards
Arpit Sharma
GOPAL AGARWAL
(CA (FINAL) CS FINAL STUDENT)
(159 Points)
Replied 25 June 2010
The applicable rate will be the higher of the rate as stated by the law under the respective section or 20 % flat rate.
sharankumar
(engineer)
(24 Points)
Replied 25 May 2011
can any one send june 2010 tax & laws solved paper .very urgent plzzzzzzzzzz friendsssssssss
to sharanaa.kumar1216 @ gmail.com
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