Individuals get relief from income tax demand for short deduction of TDS due to inoperative PAN of deductee

TDS Notice: Individuals won't get income tax notice for failing to deduct a correct amount of TDS in cases where the deductee's PAN was in-operative. "There shall be no liability on the deductor/collector to deduct/collect the tax under section 206AA/206CC, as the case maybe, and the deduction/collection as mandated in other provisions of Chapter XVII-B or Chapter XVII-BB of the Act."

from Tax-Wealth-Economic Times https://ift.tt/9iH5sQb