Answers On Topic: PAN Number
Hon'ble experts, The buyer deducted TDS at 1% u/s 194IA of the I.T. Act on Stamp value. The PAN number furnished by the seller was inoperative at the time of filing the from 26QB. Department deducted the TDS u/s 194IA at the rate of 20% due to non furnish the PAN card and issued the imitation order along with notice of demand. PAN card and Aadhar Card linked successfully. But, Pan and Aadhar card linked status is not updated in TDS Traces portal. Kindly help me out from this situation, With Regards, MOHAMED ALI Tax Practitioner.
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