Buyer PAN reporting requirement applies only where tax is deducted under section 194-IA or recorded in transaction documents. Quoting the buyer's PAN in Table A1/B1 of Schedule CG for the income tax return is mandatory only where tax has been deducted under section 194-IA or ... Summary
Buyer PAN reporting requirement applies only where tax is deducted under section 194-IA or recorded in transaction documents.
Quoting the buyer's PAN in Table A1/B1 of Schedule CG for the income tax return is mandatory only where tax has been deducted under section 194-IA or where the buyer's PAN is recorded in the transaction documents; otherwise the PAN need not be reported.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.