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    <title>TAXPAYERS LIABLE TO TDS / TCS ARE ADVISED TO FURNISH THEIR CORRECT PAN WITH THEIR DEDUCTORS</title>
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    <description>From the quarter ending 30.9.2007, Form 24Q with under ninety percent PAN data and Forms 26Q/27EQ with under seventy percent PAN data will not be accepted; deductors/collectors must obtain and quote correct PANs or face return rejection and penal consequences under the Income Tax Act. Taxpayers liable to TDS/TCS must furnish correct PAN to deductors. Electronic filing is mandatory for deductors required to have accounts audited in the preceding year and for those with more than fifty records in any prior quarterly statement; paper returns from such deductors will be disallowed.</description>
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    <pubDate>Tue, 25 Sep 2007 18:21:00 +0530</pubDate>
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      <title>TAXPAYERS LIABLE TO TDS / TCS ARE ADVISED TO FURNISH THEIR CORRECT PAN WITH THEIR DEDUCTORS</title>
      <link>https://www.taxtmi.com/news?id=141</link>
      <description>From the quarter ending 30.9.2007, Form 24Q with under ninety percent PAN data and Forms 26Q/27EQ with under seventy percent PAN data will not be accepted; deductors/collectors must obtain and quote correct PANs or face return rejection and penal consequences under the Income Tax Act. Taxpayers liable to TDS/TCS must furnish correct PAN to deductors. Electronic filing is mandatory for deductors required to have accounts audited in the preceding year and for those with more than fifty records in any prior quarterly statement; paper returns from such deductors will be disallowed.</description>
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      <pubDate>Tue, 25 Sep 2007 18:21:00 +0530</pubDate>
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