All deductor are liable to deduct tax at the higher rate in all tansaction not having PAN of the deductees on or after 01.04.2010. Now it is mandatory to quote PAN number in all voucher, bills etc. Disclaimer The material contained on this site and on the associated web pages is general information and is
Sir, I had given the incorrect PAN to the deductor who in turn have filed the TDS return with those details. Now on the basis of that detail the credit went so some other account. How can I avail the credit since the concerned detail is of the period 01-04-2007 to 30-06-
Since 1.10.2010 TDS on transporter furnishing Pan are not reqd to deduct TDS. Those , not furnishing the PAN, Tds is to be deducted. A client who files the return only for tds deducted on transporters. How will he file the return as non availablity of PAN wont fullfill the criteria of 85% pan in the return
I am working for International trading company. We are doing imports/ exports. Demurrage (USD) paid to chartered party is in form reimbursement of expenses. And till now we are deducting withholding tax or tds. But recently we received a notice from department to furnish tds details on such payments and even bankers insisting for certificate from
Dear Mr. Choudhary Your article on taxation impact of derivative transactions throw extensive light on some grey areas and debatable opinions. Can you further clarify the following:- > What are the exception to explanation of sec 73? If a company business is of trading in share of other companies, will it be regarded as speculation?
