Tds and interest of tds
This query is : Resolved
10 May 2012
I HAVE A QUERY REGARDING THE FOLLOWING CASE..
ONE OF THE PARTNERSHIP FIRM OF US DISSOLVED IN 2002 BUT WE DID NOT SURRENDER OUR PAN BY MISTAKE. LATER ON, ONE OF THE PARTNER MADE A PROPRIETORSHIP FIRM WITH THE SAME NAME OF HIS INDIVIDUAL PAN NO.NOW THE PROBLEM IS: THE TDS OF PROPRIETORSHIP FIRM WAS DEDUCTED WITH BOTH PAN NO SINCE 2002 AND TDS CLAIMED WAS ALSO RECEIVED. RECENTLY INCOME TAX DEPARTMENT KNOW THE FACT THAT THE TDS OF PARTNERSHIP FIRM WAS CLAIMED UNDER PROPRIETORSHIP FIRM AND SENT THE NOTICE. WHAT WILL BE THE SOLUTION AND IF DEMAND ARISES WHAT WILL BE THE INTEREST RATE......
ONE OF THE PARTNERSHIP FIRM OF US DISSOLVED IN 2002 BUT WE DID NOT SURRENDER OUR PAN BY MISTAKE. LATER ON, ONE OF THE PARTNER MADE A PROPRIETORSHIP FIRM WITH THE SAME NAME OF HIS INDIVIDUAL PAN NO.NOW THE PROBLEM IS: THE TDS OF PROPRIETORSHIP FIRM WAS DEDUCTED WITH BOTH PAN NO SINCE 2002 AND TDS CLAIMED WAS ALSO RECEIVED. RECENTLY INCOME TAX DEPARTMENT KNOW THE FACT THAT THE TDS OF PARTNERSHIP FIRM WAS CLAIMED UNDER PROPRIETORSHIP FIRM AND SENT THE NOTICE. WHAT WILL BE THE SOLUTION AND IF DEMAND ARISES WHAT WILL BE THE INTEREST RATE......
10 May 2012
Ask the your customers to file the revised returns of TDS. this is only solutions for you problem.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- ITC temporary reversal and reclaim
- TDS U/S. 194NF
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- Applicable TDS rate for sale of property in Nov 2024
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- MIS MATCH OF INVOICE NUMBER
- VERIFICATION OF REFUND RELATED
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
Trending Online Classes
CAclubindia
