21 December 2023
Sir While deducting the TDS, the contractors PAN was not linking to the Aadhar Card hence the PAN status was Valid and Inoperative. But the TDS was deducted @ normal rate, therefore after filing TDS return a notice demanding TDS @20% for Inoperative PAN was received. Later the PAN was linked to AAdhar and became valid and operative. Later the correction statement was filed with the updated PAN but the demand for TDS @20% still exists.
CAclubindia
