PANNOTAVBL help

Hi Abhinav,

You shoud have certificate from XYZ Co only, assuming that XYZ and not ABC have filed the TDS return of taxes deducted as required to be filed by the Co with NSDL or you can change the name in your Bill after discussion with Co.

No address on TDS certificate will not matter.

Co is reqd to give PAN if the same has been mentioned in quarterly return filed by the co, if not the same can be revised by the Co. As per current provision form 26A has been issued to the assessee by NSDL (for which you need to register with them) to view your tax credit, check what position it shows.

Thanks & Regards

Hitesh

Thanks for the reply Hitesh,

1) The stamp on the TDS certificate is from "ABC Pvt. Ltd." not XYZ Pvt. Ltd. - I will speak about it with the company. If they say cannot change it because they have paid TDS from ABC, then I should just change the name in my bill? It would not matter that the payment actually came from XYZ Pvt. Ltd.'s Bank account?

2) If my form 26A does not show the TDS deducted info, then does it mean I cannot use this certificate to claim refund / adjust my payable tax? I will try to register for 26A but seeing the status may take time because of their verification process.

3) If I request the company to file revised return and include my PAN, can it be done just for my entry? And can it be filed at any time of the year?

4) The TDS amount was deducted for first quarter F.Y.2008-2009. Will the revised return, if filed now, be enough then for me claim the refund at the time of filing my IT returns for F.Y.2008-2009 with this issued TDS certificate? Will I get a new TDS certificate issued then?

Sorry for all these questions. I'm quite nervous about it.

Abhinav

In reply to above:

1) The company says it's name has been changed. I see it mentioned on their website also. And they are sending an email / letter issued to me saying so.

2) They are not ready to file revised e-TDS return just for me.

3) They say the "PANNOTAVBL" will not cause me trouble in claiming refund / adjust against my payable tax. I know they are saying it, but for safe side I wanted it to be confirmed from some one experienced ones / CAs. Otherwise, what are my options?

Abhinav

Check the status of your TDS return at https://onlineservices.tin.nsdl.com/TIN/JSP/tds/linktoUnAuthorizedInput.jsp

and than you will see that your TDS related to PANNOTAVBL has not been "FILED" yet.

The Provisional Receipt also gives a count of ‘PANINVALID’, ‘PANNOTAVBL’ and ‘PANAPPLIED’.

If the quarterly e-TDS/TCS statement uploaded to the TIN central system has any discrepancies/inconsistencies (vis-à-vis the challan uploaded by the Bank) identified in the TIN central system, NSDL shall intimate the deductor about these discrepancies/inconsistencies in the e-TDS/TCS statement by email (if email address is provided in the e-TDS/TCS statement) and by a registered letter. 

The deductor/collector shall rectify the e-TDS/TCS statement and furnish a correction statement for the same as per the correction file formats prescribed by ITD

But now the rules has been changed so other visitors of this forum should not that in case PANs of some of the deductees are not mentioned in your e-TDS/TCS return, the Provisional Receipt will contain the count of missing PANs in the e-TDS/TCS return. You may file the details of missing PANs within seven days of the date of Provisional Receipt to TIN-FC as a corrected e-TDS/TCS return.