The
Associates of Maxgrow Biotech Pvt Ltd. who
get commission of over Rs. 2500/- in a
particular financial year, are required to
furnish their PAN cards as per the income
tax act 1961, falling which the deduction of
TDS will be made @20%. If the associates
have not obtained the PAN so far, they are
advised to apply for the same to the income
tax department immediately and provide us a
copy of the same. When Maxgrow Biotech Pvt
Ltd will receive the copy, the deduction of
TDS will be made @10% from the date of issue
of PAN card.