Demand u/s 206aa
sunitha (profession ) (34 Points)
08 March 2017sunitha (profession ) (34 Points)
08 March 2017
Vinaya Kumara K H
(Accounts Executive)
(259 Points)
Replied 08 March 2017
vikram parmar
(article)
(66 Points)
Replied 08 March 2017
manoj
(student)
(5205 Points)
Replied 09 March 2017
@ VIKRAM PARMAR PLZ GIVE FULL BIFURCATION OF YOUR SALARY
Naveen Mathur
(Accountant)
(80 Points)
Replied 10 March 2017
Mahesh Bingi
(Tax return preparer)
(462 Points)
Replied 10 March 2017
Dear Sunitha,
Online or Manual uploading correction is called as revising the return. Please login to TRACES site with company/deductee/your account, request for TDS statement correction for particular quarter, open and select PAN correction option, will find default PAN's list, select what you want to change to correct and submit correction, the demand will clear in 24 working hours.
sunitha
(profession )
(34 Points)
Replied 13 March 2017
Thank you for your information.
Now I'm giving practical problem. My assessee is a govt orgn. it is given contract work to different person before 4 to 5 years. Now they are not traceable, TDS officer has raised the demand notice, now we are thinking to go for an appeal. My que is, is there any saving provisions or decisions in this regard. Now revising of tds retruns is not possible.
Mahesh Bingi
(Tax return preparer)
(462 Points)
Replied 14 March 2017
Hi Sunitha, So please check once again about that 4-5 years back TDS entry, Is it taxable or not? If the correct PAN is not traceable you have to show the TDS deduction and paid rate as PAN not available deductee & mention PANNOTAVBL and revise the return with interest until now as TRACES rules.
Samir: The Organisation/Company is responsible to file proper TDS returns for their payments. The party will not paid return, organisation have to deduct while payment process.
Mahesh Bingi
(Tax return preparer)
(462 Points)
Replied 14 March 2017
One more question sunitha..
Have the organisation mentioned that party's PAN in any previous TDS returns? If YES, it's easy to find his PAN.
And if NOT, tracing the correct PAN is easy than paying Short deduction with 4-5 yrs interest. so try to get PAN.
CA Janani
(ACA ACS DISA(ICAI))
(359 Points)
Replied 14 March 2017
Dear Sunitha,
One thing. if you can show a proof that the other party has declared that amount in their books and have paid taxes accordingly, you can make an application. We have tried this once (But on a case of disallowing an expense on account of nondeduction of TDS)
sunitha
(profession )
(34 Points)
Replied 14 March 2017
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