Direct Tax Associate Interview Questions and Answers

TDS can be deducted at a higher rate if PAN is not available for a particular party.

• Check if the party has provided Form 60/61 as an alternative to PAN.

• If Form 60/61 is not available, deduct TDS at a higher rate as per the Income Tax Act.

• Maintain proper documentation and communication with the party regarding the TDS deduction.

• Consult with a tax expert or legal advisor if unsure about the correct procedure.