Know your PAN Structure meaning of pan digits
Structure of the new series of PAN: The Permanent Account Number under new series is based on following constant permanent parameters of a taxpayer and uses Phonetic Soundex code algorithm… Read more »
Tag: PAN
Document on which PAN required to be quoted
PAN should be quoted on all: Income-tax / TDS / TCS Returns, Correspondence with tax department, Tax challans, Correspondence, bills, vouchers and other documents which are send by deductee of… Read more »
Procedure for filing eTDS/TCS Returns with Insufficient Deductee PAN
Finance Act, 2003 amended section 206 of Income Tax Act, 1961 to make it mandatory for corporate deductors to furnish their TDS returns in electronic form (eTDS returns). The scheme… Read more »
Mandatory Quoting of PAN and TAN on TDS Certificate for AY: 2014-15
Section 203A of the Act makes it obligatory for all persons responsible for deducting tax at source to obtain and quote the Tax deduction and collection Account No (TAN) in the challans, TDS-certificates, statements and other documents. Detailed… Read more »
Preparation, validation and e-Filing of e-TDS Returns
e-TDS return has to be prepared in accordance with the file format prescribed by the Income Tax Department. NSDL has provided free downloadable utility at http://tin-nsdl.com for the purpose of preparation of e-TDS return. Alternatively, various… Read more »
Procedure for filing TDS returns with insufficient deductee PAN
As per instructions issued by the Central Board of Direct Taxes (CBDT), it is mandatory for deductors to file TDS/TCS returns with a threshold limit of Permanent Account Number (PAN)… Read more »