TDS Deduction @20% in case of pan and aadhar not linked | Income Tax |

Описание к видео TDS Deduction @20% in case of pan and aadhar not linked | Income Tax |

person whose TDS you are deducting has got his/her PAN linked with Aadhar by virtue of amendment to Rule 114AAA w.e.f. 1st April 2023 .

If it is not linked, deduct TDS at higher rate as per section 206AA read with Rule 114AAA(3)(iii) which could be @ 20% and TCS u/s 206CC read with Rule 114AAA(3)(iv). The department has started creating demand for the difference.

To check the status of PAN linked with Aadhar, you may Login to TRACES at https://www.tdscpc.gov.in/app/login.x... and navigate to “Dashboard” to locate “PAN Verification” in the “Quick Links menu.

#incometax #tds #finknowledgebooster

Комментарии

Информация по комментариям в разработке