I have filed 26qc correction statement for F.Y. 2020-21. Now the status of correction is showing Pending for AO approval. The Income tax officer demanding for below documents list.
1) Request Letter narrating the mistake occurred while filing form 26QC. 2) Rent Agreement. 3) Copy of Challan for TDS Deposited in Govt. Account. 4) Confirmation from the Landlord. 5) Copy of Form 16C issued. 6) Indemnity Bond of Rs. 500/- I have all the documents except 1) Confirmation from the Landlord, 2) Request Letter narrating the mistake and 3) Indemnity bond of Rs. 500/-
If anyone have the drafts for above mentioned documents, Kindly share the same.
11 July 2024
I can assist you with drafts for the documents you need to submit for the correction statement of Form 26QC. Below are the drafts for each document:
To, The Income Tax Officer [Address of the Income Tax Office] [City, State, PIN Code]
Subject: Request for Correction in Form 26QC for Financial Year 2020-21
Respected Sir/Madam,
I, [Your Name], am the deductor responsible for deducting TDS on rent payments as per the provisions of the Income Tax Act, 1961. I am writing this letter to bring to your attention an error made while filing Form 26QC for the Financial Year 2020-21.
The mistake occurred due to [briefly explain the reason for the mistake, e.g., incorrect details entered, omission of required information, etc.]. This error resulted in inaccurate information being submitted to the Income Tax Department.
I have attached the following documents along with this letter: - Rent Agreement - Copy of Challan for TDS Deposited in Government Account - Confirmation from the Landlord - Copy of Form 16C issued
Additionally, as requested, I am enclosing an Indemnity Bond of Rs. 500/- as per your requirement.
I kindly request your approval for the correction statement submitted for Form 26QC for the Financial Year 2020-21 at the earliest convenience.
Thank you for your prompt attention to this matter.
To, The Income Tax Officer [Address of the Income Tax Office] [City, State, PIN Code]
Subject: Confirmation for TDS on Rent Payments for Financial Year 2020-21
Respected Sir/Madam,
I, [Landlord's Name], hereby confirm that I have received rent payments from [Your Name] for the property located at [Address of the Property] during the Financial Year 2020-21.
I further confirm that TDS has been deducted as per the provisions of the Income Tax Act, 1961, and the details provided by [Your Name] in Form 26QC are accurate to the best of my knowledge.
Please find attached supporting documents as required.
Thank you.
Yours sincerely,
[Landlord's Name]
### 3. Indemnity Bond of Rs. 500/-:
[On Stamp Paper of Rs. 100/-]
**INDENTURE OF INDEMNITY**
This Indemnity Bond executed on [Date] at [Place] by [Your Name], son/daughter/wife of [Father's/Husband's Name], residing at [Your Address], hereinafter referred to as the "Indemnifier" (which expression shall, unless repugnant to the context or meaning thereof, be deemed to mean and include his/her heirs, executors, administrators, legal representatives, and assigns) in favour of the Income Tax Department, [Name of the Jurisdiction].
**WHEREAS:**
1. The Indemnifier has filed Form 26QC for the Financial Year 2020-21 with the Income Tax Department. 2. The Indemnifier hereby agrees and undertakes to indemnify and keep indemnified the Income Tax Department, its officers, employees, agents, and representatives from and against all actions, suits, claims, demands, losses, damages, costs, charges, and expenses whatsoever that may be brought, made, suffered, incurred, or sustained for or in respect of any breach, non-performance, non-observance, or non-fulfillment of any of the terms and conditions of the Form 26QC or any other obligations under the Income Tax Act, 1961. 3. The Indemnifier hereby declares that this Indemnity Bond is executed voluntarily and without any coercion, pressure, or undue influence.
**IN WITNESS WHEREOF**, the Indemnifier has set his/her hand on the day, month, and year first above written.
**[Signature of the Indemnifier]**
**[Name of the Indemnifier]**
**[Witness]**
**[Witness Address]**
These drafts should help you in preparing the necessary documents for submission to the Income Tax Officer. Ensure that all details are accurately filled in, and consider consulting with a tax professional or legal advisor if needed for specific guidance related to your case.
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