TDS Return

POSTED BY Arup Kr. Dey ON May 1, 2013 7:50 pm COMMENTS (5)

Dear sir,
I want to know something about TDS Return.When deductee’s PAN is not available then Deductor have to deduct tds at higher rate.when PAN is not available then how I(as a deductor)can fill a TDS return? as PAN of the deductee is mandatory for TDS return.

When there is no PAN available then how deductee can claim his TDS in IT reurn?

5 replies on this article “TDS Return”

  1. Dear Arup, for cases where PAN is not available of depositor, banks are still deducting TDs @ higher rate of 20% & filing there TDS return. Now in this case, the problem is for the deductee as his PAN is not mapped against the TDS made from his income. to solve this situation, the deductee should approach the deductor with his/her PAN & ask there to update his PAN in the system & to file revised revised TDS return mentioing the correct PAN.

    Thanks

    Ashal

  2. Arup Dey says:

    Dear Ashal,
    I have already mention in my question that I as a deductor.

  3. Dear Arup, are you asking as a deductee or or a deductor?

    thanks

    Ashal

    1. Arup Dey says:

      Dear Ashal,
      I have already mention in my question that I as a deductor.

  4. As you pointed out PAN is mandatory for TDS. If a person does not give his PAN to employer, the employer cannot deduct tax. So entire tax has to be paid by the individual.
    In such a case TDS details need not be filled in the return.

    However this is unlikely. The employer has an obligation to deduct tax. So if employee does not furnish PAN he will be forced to do so eventually.

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