incorrect pan mentioned in the tds certificate.

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

17 June 2010 hello,
Please guide me on this.

I filed return for assessment year 2008-2009 u/s 139(1).My income was well within the exemption limit and tds was deducted from my income of Rs 12360/-. so I filed the return claming refund of the tds.
Recently i got an intimation u/s 143(1) from the department on 17/06/2010 regarding the assessment year 2008-2009 stating that total tds amount to be nil and total amount refundable as nil.I checked the original tds certificate with me and found that the pan no mentioned in it is not correct. so what should i do in order to get my tds refund.please guide me the procedure to be followed with the tds deductor and the income tax department.
I am ready to give letter for correction of intimation u/s 154, but when i got in touch with the company who deducted the tds, they are saying that my PAN was mentioned wrong in the tds return that they have filed, and if they file new return that would tantamount to penalty of Rs 100/day of delay on their part. So what they are saying that they can give me the acknowledgement of the tds return filed by them and a letter to the effect that my Pan was mentioned wrong in the return and request to give me credit of tds. they are saying that i should attach that letter, tds return and old(wrong pan) tds certificate with the letter and give it to the AO. Would this serve the purpose. Please help me on this.......

Thanking you..

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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17 June 2010 You should follow up with deductor and get corrected the TDS return and tds certificate, this is solve your problem

ponibass

ponibass (Expert)
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17 June 2010 Hi two months back, my client got a intimation from dept. I advised him to goto that party who issued certificate and ask a letter to intimate his PAN. He got and submitted. Hence my advice is get a letter from the person who issued TDS certificate mentioning your PAN and submit to IT Dept to get refund.

Congrats in advance

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Querist : Anonymous

Querist : Anonymous (Querist)

17 June 2010 please tell me as to what to do with the incorrect tds certificate

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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17 June 2010 Incorrect Certificate need to be corrected .A.O will not allow the TDS credit with wrong PAN number