I had made a TDS payment yesterday and by mistake i selected company deductees instead of non company deductees..can this be rectified any how..plus the tds has been dedcuted on those parties which do not have PAN..pls help
Ria Saraf (CA final student) (110 Points)
31 March 2010I had made a TDS payment yesterday and by mistake i selected company deductees instead of non company deductees..can this be rectified any how..plus the tds has been dedcuted on those parties which do not have PAN..pls help
Bhavin Bhadra
(Job)
(174 Points)
Replied 31 March 2010
No It can not be rectified now. and as parties not having pan they can not avail credit of their TDS.
Aditya Maheshwari
(CA in Practice)
(35867 Points)
Replied 01 April 2010
| Originally posted by : Pankaj | ||
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Originally posted by : Ria Saraf u can file revised retun than . |
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Dear Pankaj
The query raised is for payment of TDS and not filing of return.
@ Riya: Since the parties do not have PAN then they will not get any credit for TDS and also till now I have not seen anyone not getting credit if tax was paid in wrong deductee head. However be careful when you make payment next time.
Aditya Maheshwari
(CA in Practice)
(35867 Points)
Replied 01 April 2010
Also from today onwards if PAN not quoted then TDS deductible @ 20%
Ratan Deep Saxena
(Asstt Manager (Accounts & Finance))
(2998 Points)
Replied 01 April 2010
Dear Ria,
You have to approach your Assessing Officer with an application containing the details of your PAN alongwith copy of challan and the and request him to carry out the necessary corrections.
regards,
ratan
Love Pumreja
(Senior Article)
(49 Points)
Replied 01 April 2010
if not having pan 20% tax will be deducted or higher otherwise 10000 penality will be imposed on wrong qouting of pan deatils
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
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