03 January 2016
we have client having proprietorship business holding
two pan card & in one pan card he received more than 1cr. & in other 89 lacs u/s 94c in f.y. 2014-15 no tax audit was done for this now he came to us how I will help to him?? thanks in advance
03 January 2016
You have to surrender your PAN one of the two cards which you are currently using. You need to visit your local Income Tax Assessing Officer with a request letter to surrender your PAN and request to transfer the TDS relating to PAN being surrendered to the other PAN.