1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Seeking: Indian Tax Advice

Discussion in 'BlackHat Lounge' started by daisy447, Nov 28, 2014.

  1. daisy447

    daisy447 Regular Member

    Joined:
    Apr 7, 2011
    Messages:
    460
    Likes Received:
    133
    What do if someone is not giving his PAN details for TDS but I have already transferred some good amount of money to his account? I only know his name and account number and didn't knew about this TDS thing before transferring.
     
    Last edited: Nov 28, 2014
  2. Asif WILSON Khan

    Asif WILSON Khan Executive VIP Premium Member

    Joined:
    Nov 10, 2012
    Messages:
    10,116
    Likes Received:
    28,553
    Gender:
    Male
    Occupation:
    Fun Lovin' Criminal
    Location:
    London
    Home Page:
    • Thanks Thanks x 2
  3. daisy447

    daisy447 Regular Member

    Joined:
    Apr 7, 2011
    Messages:
    460
    Likes Received:
    133
    Yeah, that's my BAD I admit it. I had no idea about TDS, I thought if am transferring it through bank transfers, its their headache for what to show this money and not mine.
     
  4. Asif WILSON Khan

    Asif WILSON Khan Executive VIP Premium Member

    Joined:
    Nov 10, 2012
    Messages:
    10,116
    Likes Received:
    28,553
    Gender:
    Male
    Occupation:
    Fun Lovin' Criminal
    Location:
    London
    Home Page:
    Well if you are in the US, the bank will also notify the IRS of the large money transfer (I think) and you may have other Tax issues.
    You probably need EXPERT advice from a Lawyer/Accountant that specializes in this sort of thing.
    I would be wary of the advice you receive on the forum when discussing that amount of money.