TDS return

ARUNA KUMAR MISHRA (SENIOR MANAGER FINANCE AND TAXATION)   (31 Points)

22 October 2011  

IN CASE OF ANY LOWER DEDUCTION/SHORT DEDUCTION/NIL DEDUCTION TDS SOFTWARE PROVIDES DIFFERENT FLAGS WHICH HAS TO BE FILLED UP BEFORE FILLING.THERE IS ONE FLAG FOR THRESHOLD LIMIT.

IN CASE OF THRESHOLD LIMIT IF THE SINGLE  PAYMENT/CREDIT TO ANY CONTRACTOR IS BELOW RS30000/-AND ANNUAL PAYMENT/CREDIT IS BELOW RS75000/-PAYER IS NOT BOUND TO DEDUCT TDS AND PARTY IS ALSO UNWILLING TO PROVIDE PAN AS NO LEGAL COMPLIANCE TO PROVIDE PAN TO THE DEDUCTOR.

NOW THE TDS SOFTWARE CAN NOT SAVE THE PARTY DETAIL WITHOUT ANY PAN.EVEN IT SAVES THE DATA WITHOUT PAN AND WE PUT THE ALL THE DETAILS OF THE PARTY IN THRESHOLD LIMIT THEN AFTER FILLING THE RETURN WE ARE GETTING DEMAND NOTICE FROM TDS WARD FOR NON DEDUCTION OF TDS @ 20% FOR NON PAN HOLDER.

PLEASE SUGGEST HOW THIS PROBLEM CAN BE SOLVED.