We have Already Filed TDS Return Form 26Q (Q3) fy 2013-14. But One Deductee pan Wrongly Mentioned ACGPP5217F instead of CQRPS6039N . (SEC 194-H @10% DEDUCTED). ( ABOVE TWO PAN NUMBER IS VALID)
If i file Correction Return to rectify above mentioned PAN.( MORE THAN 4 CHARECTER ALTERATION REQUIRED) IS ATTRACT 206AA ? 20% TDS TO BE DEDUCTED?
29 May 2014
if you already deducted the tax and file the return and PAN is wrong mention then you have to revised the return and correct the PAN. there is no need to deposit the TDs @ 20%.
29 May 2014
Nikhilji, But I think a correctly given PAN in regular statement can be corrected one time in a correction statement. We may use this for the situation of Mr. Suresh.
CAclubindia
