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Wrong pan number in tds by employer

Shrinkar (Consultant) (37 Points)

04 October 2014

My employer has mentioned wrong PAN number in my form 16A for completed financial year 2013 - 2014. I have asked them to file revised returns with correct PAN. They are saying it is time conuming process as number of employees in a company are very large in number. I have already filed my returns by considering TDS deducted.

Kindly advise what shall be by next course of action. I am worried that I will get IT dept query with huge amount as penalty.

Regards,

Shrinkar

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8 Replies

@VaibhavJ (Believe!! Live your dreams!) (33516 Points)
Replied 04 October 2014

If your employer is denying to do so, ask them to issued certificate signed by CA statting TDS deducted along with TDS deposited for your self. Also keep your all payslip attested by HR dept. this is also proof of TDS deducted from your salary.

If you get notice from IT dept. you can give this certificate along with payslip.

Thanks

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@VaibhavJ (Believe!! Live your dreams!) (33516 Points)
Replied 04 October 2014

refer this: https://www.simpletaxindia.net/2012/04/demand-notice-mis-matching-of-tds-in.H T M L

Mihir (Wealth Manager) (5293 Points)
Replied 05 October 2014

Your employer must have issued form 16 and not form 16A.

If you have proper documents to support that TDS has been deducted from your salary, then AO will, after verifying, give you the tax credit.

Muralidharan (Self Employed) (1034 Points)
Replied 05 October 2014

Dear Mr.Shrinkar

It is the duty of your employer to quote correct PAN in their TDS Returns. They cannot deny you the credit. It shall be noted that due to error in the PAN your 26AS statement will not show your tds credit. In view of the same the IT department will raise a demand on you for payment of taxes alongwith interest. Nowadays CPC Bangalore is insisting that tds credit should be available in 26AS statement even if the deductor has issued the tds certifcate.

Correcting the wrong PAN is not a lengthy / tough process. TDSCPC has made it very simple. Your employer has to login into TDSCPC website. They have to select the requisite correction process from the drop down menu and rectify the error in your PAN. They need not file any separate correction statement for this. In simple words it is enough if they rectify the wrong PAN. This is applicable for both salary and non-salary deductees.

with regards

Murali

anil (studdy) (50 Points)
Replied 05 October 2014

All document slips keep safe if notice from it dept. Than submit copy of all releavnt document in ask

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Shrinkar (Consultant) (37 Points)
Replied 05 October 2014

Dear All,

Thanks for your guidenece. I really appreciate it.

Regards,

Shrinkar

manoj (student) (5205 Points)
Replied 05 October 2014

If Employer Quoted wrong PAN then how u got u r form 16 A Part in your name ?

@VaibhavJ (Believe!! Live your dreams!) (33516 Points)
Replied 05 October 2014

n case of such TDS mismatch, an assessee can file a rectification request.

Steps to file the rectification request:

(a) Login to your account in https://incometaxindiaefiling.gov.in
(b) Go to My Account > Rectification request
(c) You need the following to fill in the required details:
1. (i) PAN
2. (ii) Assessment Year
3. (iii) Latest Communication Reference Number (it starts with CPC/Assessment Year/)
4. (iv) Latest CPC Order date
5. (d) Click on Validate to go to next step
6. (e) On the next screen, choose 'Taxpayer is correcting data for Tax Credit Mismatch Only' from the drop-down box of 'Rectification Request Type'
7. (f) Check from the following relevant boxes for which taxpayer is seeking rectification:
  1. (i) TDS on salary details
  2. (ii) TDS on other than salary details
8. (g) Fill in all the relevant details including details of tax deducted and reported in the return of income filed earlier
9. (h) Click on the button of 'Submit' to submit the rectification request.

The TDS mismatch may also be due to error in TDS return filed by deductor. In such a situation, you should intimate the deductor about such error and require him to rectify the TDS return.

In a press note no. 402/92/2006 dated April 17, 2014 CBDT had noted that many taxpayers commit mistakes while furnishing details of tax credit in the return of income. Such mistakes include:

(a) Invalid/incorrect TAN of deductor;
(b) Furnishing same TAN for more than one deductor;
(c) Filing information in wrong TDS Schedules in the Return Form;
(d) Furnishing wrong challan particulars in respect of Advance tax, Self-assessment tax etc.

Consequently, the tax credit could not be allowed to the taxpayers while processing returns despite the tax credit being available in 26AS statement. The CBDT, therefore, directs the taxpayers to verify if the demand raised on them is due to tax credit mismatch on account of such incorrect particulars and submit rectification requests with correct particulars of TDS/tax claims for correction of these demands. The rectification requests have to be submitted to the jurisdictional Assessing Officer in case the return was processed by such officer, or the taxpayer is informed by CPC, Bangalore that such rectification is to be carried out by Jurisdictional Assessing Officer. In all other cases of processing by CPC, Bangalore, an online rectification request can be made (as defined above).