TDS Default for Q-2 FY 23-24

This query is : Resolved

CA. S.S. Aggarwal (Querist)
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25 November 2023 We have deducted TDS U/s 194 C @ 1% on 30.09.2023 and filed TDs Return in Oct, 2023 after verification of PAN - Aadhaar Link but later on Dept. issue default summary for Short Deduction for Inoperative PAN due to linking of PAN- Aadhaar after 30.06.2023.

Now my Quarry,
1. If for Dedutee Link Pan Aadhar after 30.06.2023 and pay penalty but before our Deduction even after deptt. can raise default for Inoperative PAN
2. If we Deposit short TDS with Interest than the dedutee can claim TDS on higher rate in his/her income tax return or not?

please reply

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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25 November 2023 1 No, It's operative PAN on the date of deduction.
2 yes it can be claimed.

CA. S.S. Aggarwal

CA. S.S. Aggarwal (Querist)
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25 November 2023 1.if PAN- AADHAR linked after date of deduction but before filing TDS Return?
2. If deductor deposit higher TDS U/s 206CC than TDS claim available to Deductee or not?

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CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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25 November 2023 1 No default in such a case.
2 Claim available.