Handling TDS Exceptions & PAN Missing Cases
1. Handling Exceptions & Missing PAN
If a deductee fails to provide their PAN, section 206AA mandates deducting tax at a flat rate of 20%. In TallyPrime, leaving the PAN field blank automatically triggers the 20% rate calculation.
Tally Prime With Tax Deducted At Source (TDS)
Module Progress: 8 of 11 Topics (73%)
73%
- Introduction to Tax Deducted at Source (TDS)
- TDS Sections, Threshold Limits & Rates
- TDS Deductor, Deductee & TAN Structure
- Enabling TDS in Company Features (F11)
- Creating TDS Nature of Payments
- Configuring TDS in Expense & Party Ledgers
- Booking Expenses & Deducting TDS in Journal/Purchase
- Handling TDS Exceptions & PAN Missing Cases
- TDS Deduction on Advance Payments
- Payment of TDS to Government (Challan ITNS 281)
- TDS Reports & Form 26Q Return Preparation