Mr X, having TAN No. "ABCD 1234 E" pay rent every month RS 200000 has deducted the tax as per applicable rate and deposited in the credit of govt. in time, mantioning WRONG TAN (eg ABCD 9999 E)on the challan.
Mr X has submit his TDS return with TAN "ABCD 1234 E" in time.
1. What will be the consequences if online status of the challan shows "TAN MISMATCH". 2. What will Mr. X suppose to do rectify the same.
16 December 2010
Return can not be filed till Challan is rectified and amount is credited against correct TAN. If filed it will show challan mismatch, and may not be accepted at TIN FC.
Usually if name in challan does not match with name against TAN mentioned in challan, the challan is not accepted by the bank. So contact the Bank first for rectification.
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