23 September 2009
A person has given his PAN no to various parties which they qouted on TDS certificates issued by them, now the same person applied for new PAN because of rectification in DOB and has been alloted new PAN & the same was given to parties (Deductors) which they quoted on some TDS certificates issued by them.
Now my question is how will this person show the Receipts(Income) for 2008-2009?
23 September 2009
New Pan not permitted because change in pan card Required for recctifcation in DOB. If person Apply for new pan AND IT department give it then u can not claim TDS IN both pan and other penalty will leviable by the department when they know about that 2 pan card no. is used by one person.