Error: PAN is not available

Updated May 18, 2018

As per law if PAN no. is not available, TDS is 20% . For this purpose we created TDS code B6 under 194C. This code was working till december. Since january , we are getting error if PAN no. is not available. System is not allowing to post the document. Please advise.

Thanks in advance,

Debdeep Ganguly

Comments

21 Jan 2014 1:15 pm rekha Best Answer

As per Indian Income Tax law, if service vendor is not having PAN (in its vendor master), then TDS should be deducted at 20%.

Apply SAP Note 1446746 - 20% tax rate is applicable if PAN is not available, Once we apply this note, system will only allow deduction of TDS at 20%, for the vendors who does not have PAN.

22 Jan 2014 8:21 am Debdeep Ganguly

Hi Rekha,

Thanks for your quick response. I checked this note (1446746). Status is "can not be implemented, means already implemented. What may be the further solution

Please help.

Regards,

Debdeep Ganguly