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Income Tax - Frequently Asked Questions (FAQs) |
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FAQs on Permanent Account Number |
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Should I intimate my PAN to deductor i.e. person deducting tax? |
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Ans. Yes, you should intimate your PAN to the deductor i.e. person deducting tax. From 1st April, 2010, non-furnishing of PAN to deductors results in TDS at much higher rate of 20% or even more. |
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