Deductee had not linked Aadhar with PAN due to which default has been generated for short deduction. Post generation of default, the deductee linked his Aadhar with PAN.
Query is, whether the deductor still needs to pay for the difference of 18% along with interest or what action needs to be taken?
3 Replies
M Sajeesh
(33 Points)
Replied 08 November 2023
You have deducted tax, Example : 31 July 2003 Tds deducted. If Aadhaar PAN card link is done on 1st of August then PAN card will be as "INOPERATIVE" while filing TDS RETURN. So you have to cut 20% tax.
Eswar Reddy S
(CFO- at NHTF)
(58270 Points)
Replied 10 November 2023
You may submit the tds correction statement for 26Q or 24Q once the aadhaar is linked with PAN.
Need not pay the demand
Need not pay the demand
Manish Rastogi
(2 Points)
Replied 06 December 2023
Mr Reddy what correction in 26Q or 24 Q in the correction statement
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