Wrong credit of tds on salary

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

20 September 2013 Sir I am a government Employee.
I am possessing two PANS.
I have given Old PAN to my employer in the beginning of F.Y. 2011-12 an tax is deducted and credited on that PAN. But After completing of 4 to 5 months, I have given new PAN to my employer and from then TDS is credited to new PAN.

I have filled my Income Tax Return for the A.Y. 2012-13 by entering a New PAN.

I am in receipt of a Demand Notice from Income Tax CPC Department, for payment of net tax for the A.Y. 2012-13.

@VaibhavJ

@VaibhavJ (Expert)
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20 September 2013 Hi

First of Possessing 2 PAN number is illegal & you may be fined Rs. 10,0000/-

The multiple card holders are under the obligation to get their additional cards cancelled.

Now if you inform IT dept about this misconduct you will be fined definitely.

On;y recourse is to give new PAN to employer & get it rectified in ETDS return & have new form 16.

Thanks!!

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Querist : Anonymous

Querist : Anonymous (Querist)

20 September 2013 It means Employer have to file a revised TS return.

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@VaibhavJ

@VaibhavJ (Expert)
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20 September 2013 Yes, they have to revise ETDS return to grant credit to your New PAN & you have to also surrender PAN once it is done.

Thanks!!