GOPAL AGGARWAL (DOING NOTHING) (1339 Points)
25 June 2012
Friends,
I have one problem in one of the case of a Co-op Bank. They did not properly filed the Form No 15/15H but attached the photo Copy of PAN numbers with them. But the ITO TDS did not accept the same and had raised the demand. During the course of assessment we have also shown the AO all 15/15H with PAN. But AO didnot accept the same and raised the demand. Please suggest me what to do
Please reply its very urgent
Deepak Parsai
(Future CA)
(623 Points)
Replied 25 June 2012
GOPAL AGGARWAL
(DOING NOTHING)
(1339 Points)
Replied 25 June 2012
Deepak JI, I mean to say we have given copy of PAN along with 15G/H. But AO didnot accept this by saying that PAN sholuld be mentioned in 15G/H otherwise 15G/H is invalid.
AO has accepted that 15G/H have been submitted but they are incomplete so hence rejected
Can you suggest me some case laws on which reliance can be placed and I can get reilef from CIT(A).
AMIT SAXENA
(Sr. Business Development Executive)
(29 Points)
Replied 25 June 2012
Hi,
This is amit saxena.
I have one query regarding TDS payment.As i m not accountant. so i need help in it.
I had some work of my office from one organaniser. And there were lots of transacations and payments.Which all over above to 11 lack in counting. So on each payment we cut tds . And provide quarterly tds certificate to that organiser for annual redemtion from govt. And we get from them.
( I guess this is the system )
So , in 2010-11, mistakenly one certificate not reach them of rs 13,000 before the annual financial year. And now its 2012-13 financial year start up.
So, the horrible thing is , my account department showing 13000 due balance from that organiser. And they saying its not possible without we renew the certficate for this year.
So , the payment reach to govt. not the organiser.
Kindly let me know , is it possible to get that payemnt from govt. And way of renew the certificate.
please give me answer urgently. i m gonna target it soon from my head.
regards,
amit
CAclubindia
