Higher TDS rate applies when PAN not furnished and returns not filed; apply the higher applicable withholding rate. Where a person has neither furnished PAN nor filed returns for the specified period, the deductor must compare the rates under the two higher-withholding ... Summary
Higher TDS rate applies when PAN not furnished and returns not filed; apply the higher applicable withholding rate.
Where a person has neither furnished PAN nor filed returns for the specified period, the deductor must compare the rates under the two higher-withholding provisions and apply the higher of those rates for deduction of tax at source.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.