TaxTMI 
TaxTMI 
As per new CBDT circular "UTN" needs to be provided for FY 2008-2009 in all the cases.While deducting TDS we did not had PAN numbers in few cases.Also there were some reversals at individual vendor level which we adjusted in totality.Please suggest how should we approach way forward.
UTN - Tds deducted without pan nos
02 Jun 2009 
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UTN for TDS without PAN enables deductee to claim credit when filing; reversals adjust liability and prevent certificate.
A UTN must be provided where TDS was deducted but the deductee lacked PAN; after depositing such TDS the deductor should issue a TDS certificate so the deductee can claim credit using the UTN when filing returns. If invoices and TDS are subsequently reversed, excess TDS should be adjusted against the deductor's liability in the same or a later period, and if the income is cancelled no TDS certificate is usually issued and the deductee cannot claim credit. (AI Summary)
A UTN must be provided where TDS was deducted but the deductee lacked PAN; after depositing such TDS the deductor should issue a TDS certificate so the deductee can claim credit using the UTN when filing returns. If invoices and TDS are subsequently reversed, excess TDS should be adjusted against the deductor's liability in the same or a later period, and if the income is cancelled no TDS certificate is usually issued and the deductee cannot claim credit. (AI Summary)