Will it affect my TDS if I do not provide my PAN to my employer deductor?
Yes. Any person who is entitled to
receive the amount (income) on which tax is deductible, must provide PAN to the
deductor. If you have not provided your PAN then your employer may deduct tax
from your income at higher of the rates in force or 20% of the income credited
to your account.
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Inadvertently, I have given wrong PAN to my employer deductor. What are the consequences?
The consequences of providing wrong PAN are identical to those of not providing the PAN. That is, if you have not provided your PAN then your employer may deduct tax from your income at higher of the rates in force or 20% of the income credited to ...
TDS
TDS means any tax is deducted on your income/ receipts. You can find these details in Form 26AS. By uploading Form 26AS these data will be automatically filled up. TAN(Tax deduction and Collection account number)= You will get this at the form 16 or ...
Get Your TDS Data
Uploading form 26 AS will fetch the your details such as PAN, Name, TDS, Address etc. You can download your form 26 AS from the income tax website. You can also pull your 26AS from the net banking with the user id and password. Steps to download 26AS ...
At what rate should the TDS be deducted u/s 194A?
TDS is to be deducted at the rate of 10%. If the recipient of income doesn’t furnish his PAN to deductor, then TDS is to be deducted @ 20%. No surcharge, education cess or SHEC will be added to the basic rates.
How should I apply for a PAN Card?
To apply for a PAN Card online, follow these simple steps: Step 1 Click on the official website of NSDL here: Step 2: Fill all the details required as per the documents you are submitting as proof. Step 3: After filling the details, choose a mode of ...