Online tds payt by wrong tan

This query is : Resolved

Garima Aggarwal (Querist)
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09 November 2013 Hi to All,

I have paid TDS online but by mistake I enter TAN of Deductee instead of Deductor.......

Can anybody suggest me some ways to get back of Such payt?

I have talked to The Bank Manager also but he replied he cannot deny such payt.....

I had done this transaction last night....
plz help asap basis.....

Thanks in advance

CA Sanjeev Kumar

CA Sanjeev Kumar (Expert)
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09 November 2013 There is no provision on this point in the law, and this is called trade case. In this case, the only resolution is that if the TDS is credited to the deductee's a/c in income tax site then you can ask him to reimburse the amt as the payment was done in his a/c, but this is possible if you have good relation with that person.

Alternate case may be, that transection may be declined by the tax authority as the name would not be same as deductor..

I hope this is fine..

For more detailed answer, reach me at "skumar_1986@live.com"

Thanks
Sanjeev

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Garima Aggarwal

Garima Aggarwal (Querist)
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09 November 2013 Thanks for your reply sir...

Can I approach to Income Tax Deptt??
If Yes then how??

Can bank have authority to cancel this transaction coz as per my knowledge bank have some time and authority to cancel the transaction....

Plz reply ...thanks

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Shriram Gupta

Shriram Gupta (Expert)
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09 November 2013 Dear Garima, yes it is correct banks have the right to reverse the transaction but it is possible only if you approach them same day... Once the day elapsed they will not be able to change it...
Still you need not worry..
The only option with you is to approach the local jurisdictional officer administering TDS... they can make changes in their database and payment made will be credited towards your TAN no... It is better advisable to take confirmation from that other person that he has not made any such payment and it is only you who has made payment mistakenly from his TAN No...

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Garima Aggarwal

Garima Aggarwal (Querist)
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11 November 2013 Thanks Shriram Gupta..

I approached to bank at same time but then also they had not done anything....

Anyway thanks for ur guidance...