Claiming TDS credit will be difficult if bank doesn’t have PAN data

Claiming TDS credit will be difficult if bank doesn’t have PAN data

If you have not submitted your permanent account number (PAN) to your bank, the bank can deduct TDS at a higher rate of 20% on interest you have earned on deposits.

 

Dr. Suresh Surana, Founder, RSM India, advises on claiming TDS credit in such cases.

 

 

 

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