Audience query: I dont have PAN card and my employer is deducting - TopicsExpress



          

Audience query: I dont have PAN card and my employer is deducting TDS @20% however my income falls under 10% slab.Is employer correct doing that. Answer:Yes,by virtue of section 206aa if you dont provide PAN to your employer then he may deduct TDS @20%or average rate of tax whichever is higher.Here in your case 20% is higher therefore u have no choice other then to apply for PAN and submit to Employer.(from the desk of facebook/learnwithlodhas)
Posted on: Sun, 27 Apr 2014 16:11:54 +0000

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