17 April 2014
I HAD GIVEN WRONG PAN IN REGULAR STATEMENT, AND LATER ON I HAVE FILED RECTIFIED THE PAN OF DEDUCTEE BY FILING CORRECTION STATMENT, INSPITE OF WHICH I HAVE RECEIVED NOTICE DEMANDING 20% T.D.S WHAT SHOULD I DO PLLLLZZZZZZZZ HELP..
17 April 2014
no the pan is correct in correction statement , i have called the toll free no. they r saying that pan correction is possible only by 2 digit plzz help..
17 April 2014
well as such there is nothing to do. many people face similar problem. you may refer http://taxguru.in/income-tax/rectification-tds-statement-pan-error-2-characters.html
however, what can be done, is that you can challenge this restriction, first with CIT(A) and if a negative judgment comes, then with ITAT because as such there is nothing in the act or rules that restrict amendment to 2 digits. it is merely a procedural restriction placed by the CPC for convenience.
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