TDS rates if pan not provided for AY 2010-11

IPCC 1198 views 6 replies

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

Replies (6)

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.

The applicable rate will be the higher of the rate as stated by the law under the respective section or 20 % flat rate.

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

The applicable rate will be the higher of the rate as stated by the law under the respective section or 20 % flat rate.


 

20% or higher rate whichever is applicable . e.g. in case of lottery income

rectify me if i am wrong

can any one send june 2010 tax & laws solved paper .very urgent plzzzzzzzzzz friendsssssssss

 to  sharanaa.kumar1216 @ gmail.com


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