alleryStart learning →If a TAN is not quoted, what happens to TDS payment challans?
AThey are taxed twice
BThey go to the ITAT
CBanks do not accept them
DThey become penalty-free
Answer & Solution
Correct answer: C. Banks do not accept them
A TAN must be quoted on TDS/TCS challans, and banks will not accept challans without it.
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