17 August 2016
Dear Sir, An Assesse has filed IT Return in A.Y. 2011-12 where in the Return he has wrongly entered the TAN Number of the Deductor and as such IT Deptt. has demanded the TDS amount deducted by that Deductor. Please tell whether it is possible to file rectification u/s. 154 now or if there is any other remedy.
Please suggest as the Assesse is in tension because the TDS amount is quite big.
17 August 2016
You need to produce the tds certificate in the assessment proceedings. The amount would also be reflecting in the 26AS of assessee. That way the claim can be proved. Rectification is not required here.