Wrong status in pan no. alloted

This query is : Resolved

Sandy25 (Querist)
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06 January 2014 One of my client, co-operative society applied in 2006 for PAN got PAN containing 4th character as 'J'
means status as Artificial Judicial Person.
while their actual status is 'co-operative society'
till AY 2012-13 we were filling Itr 5 with status as co-operative society.
now for current year when we are trying to fill Itr 5 with that PAN and status as co-operative society.
they are subject to Tax audit u/s 44AB.
their tds is also deducted which amount to more than 5lakh.
now problem is when we select status as co-operative society and put that allotted PAN, Itr 5 shows as invalid pan for co-operative society and if v file Itr with status as Artificial Judicial Person we are not able to claim deduction u/s 80p.
and for current year also (AY 14-15) same PAN with contractor, their TDS is deducted more than 1.5lakh.
what is most feasible solution in this situation?

CA Hardik Bunha

CA Hardik Bunha (Expert)
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06 January 2014 file income tax return for that year as manual return dont file it online.

cancel your existing pan no. and make new application

in new application form fill last content that u have alloted more than one pan, there write your this pan.

Sandy25

Sandy25 (Querist)
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06 January 2014 WHAT ABOUT TDS CREDIT EXISTING ON CURRENT PAN?

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CA Hardik Bunha

CA Hardik Bunha (Expert)
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06 January 2014 stop giving your old pan to deductor for some time.

you have to file existing period income return too manual.

it mean you have to file 2 year manual return. with form 16A enclosed with return.