Ramakrishna (student) (88 Points)
03 August 2013Dear Experts,
My client has received a wrong credit of Rs.650000 as TDS under section 194H for the AY 2013-14 from a Public Limited Company.The Company is not responding to this issue and we are not able to file the Return of Income for AY 13-14 as the amt is clearly reflecting in 26AS .
Please provide a solution to this Problem.Is there any mechanism where we can intimate The IT Dept that it is not the Clients Income????
vivekanand
(SENIOR MANAGER FINANCE)
(25 Points)
Replied 03 August 2013
Yes you can definitely approach the income tax department for the grievance. You have to approach your jurisdictional TDS Officer along with the bank statement etc. that you have not received any such amount. Then he should be able to send notices to theconcerned company.
vivekanand khandelwal
NAVEESH DHAR
(ADVOCATE- TAXATION ADVISOR)
(427 Points)
Replied 03 August 2013
You should file your income tax return without showing any information regarding said TDS. Further, for your safegaurd, you should also give the information regarding said TDS with your concerned A.O. and also to teh said company for wrongly shown the TDS in your PAN.
Puneet Mittal
(Sr. Officer Accounts)
(212 Points)
Replied 04 August 2013
You have to inform to campany and your assessing officer. If by mistake compny mentioned wrong PAN in TDS return than it is possible. When comany will rectify his TDS return This entry automaticaly would be delete from Your 26 AS.
Regards
Puneet Mittal
Ramakrishna
(student)
(88 Points)
Replied 05 August 2013
Thank You Experts.The information was Helpful.
CAclubindia
