Category: NSDL

National Securities Depository Ltd.
Depository for equity market in India

Penalty for non furnishing of PAN in TDS statement

In case, the PAN Numbers are not furnished by the deductees, the respondent-assessee cannot be penalised under Section 272B. Section 139A also imposes the obligation on the deductees to furnish… Read more »

Quote correct BIN while filing TDS/TCS statement

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It is mandatory for Government deductors, who are reporting TDS without payment through bank challans, to quote correct Book Identification Number (BIN), while filing TDS/TCS statement. In case correct BIN… Read more »