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Monday, March 22, 2010

TDS rate Higher if PAN not Quote filling Form 15G and 15H

As you know this is the high time of Paying Tax Deduction at Source (TDS). Income tax department has issued a new provision about TDS under income tax act 1961, in this act it is stated that Tax Deduction at Source (TDS) will be charged at high rate means (20% normally) if Permanent Account Number (PAN) is not furnished...