Income Tax Department has declared good news for Taxpayee who are payable tax and those who have not own PAN till filing TDS or Income Tax Return i.e. penalty is deleted. In this regard Income Tax Department has decided that Non-availability of PAN of payee-customer was a reasonable cause for belated filing of TDS return; penalty deleted. Before this on non-submission of PAN, Tax is to be deducted @ higher of prescribed rate or 20%. as per the recent amendments W.e.f 01/04/2010.