Tds

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For the persons who are not producing PAN the Deductor will deduct at 20% and file his TDS returns by filling form 26Qas "PAN Not Available" my question is if later on if the guy fetches PAN and takes form 16A from banker , will the credit appears in his PAN profile i mean in his form 26AS.(cos TDS retruns were filed without PANs) how can we deal with this?

Can the banker give Form 16A in this case? Can the deductee claim his 20% TDS collected earlier after fetching his PAN? My worry is banker did not possess Some PANs at the time his filing of TDS returns. So pls tell me how can the credit appear in the name of deductee and how can he claim back his 20% tds back.

Replies (1)

Hi Ravi,

You file a revised TDS returns where in you can update the PAN of  the required persons. After which the the TDS will be updated in the Form.26AS.


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