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Mysuru's Evening Daily · Since 1978
Vol. XLVIII · No. 134 · Established 1978 · Founded by K.B. Ganapathy
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Higher TDS on Inoperative PANs

Mysore/Mysuru: While filing the Quarter 2 TDS/TCS statements of the FY 2023-24, all the deductors or collectors like Central and State Government Offices, Local Authority, Companies, Financial Institutions, Insurance Com-panies, Educational Institutions,…

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Published October 31, 2023 · 1 min read
higher tds on inoperative pans

Mysore/Mysuru: While filing the Quarter 2 TDS/TCS statements of the FY 2023-24, all the deductors or collectors like Central and State Government Offices, Local Authority, Companies, Financial Institutions, Insurance Com-panies, Educational Institutions, etc., shall deduct TDS at 20% or collect TCS at 20% on such Individual Inoperative PANs which have not been linked with Aadhaar.

Status of the PAN can be verified by visiting the Income-Tax Reporting Portal https://report.insight.gov.in/reporting-webapp/portal/homePage

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