One of our client have problem regarding TDS. i.e They deposited TDS in bank by challn with wrong TAN and bank also accept it. so amount goes to others account. How can we recover that amount from another person ? any specific procedure is there. Please guide me so i can handle this case very smoothly.
18 January 2010
As the TDS has already been deposited, you just file your return with correct TAN and all other correct particulars. Department will send you the notice for mismatching in data. In that case, you can produce all related documents, and try for penalty waiver. Otherwise penalty may be leveid of Rs. 10,000/- for wrong quoting of TAN.
18 January 2010
You can send one request letter to ITO with all the documents (Challan,Bank Debit) for recftify the same acknowledgement send to the respective bank