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Claiming tds (deducted due to not showing the pan card)

rohit (Others) (29 Points)

25 July 2014

Hi All,

I failed to submit my pan card before the march year 2013-14, hence 20 % deduction from my salary. Now i need to file ITR. I submitted them my pan card no. in may 2014. Can they update my form 26 so that i can claim my TDS ? My Payroll team is saying it's not possible. Can anyone help me on this.

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11 Replies

CA Saloni (Manager-Accounts & GST Consultant) (5124 Points)
Replied 25 July 2014

Dear Rohit,

Your company needs to revise their TDS return, for PAN correction, only then u can claim the TDS.

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Tribhuvan Aditya Singh (Student as well as Self-employed) (3710 Points)
Replied 25 July 2014

it is possible, ask your company officials to revise their tds return and update your pan... later that tds will appear in your 26as and you can file your return

Mihir (Wealth Manager) (5293 Points)
Replied 25 July 2014

It is possible but they don't want to do it.

jatin kapoor (CA FINAL) (1586 Points)
Replied 25 July 2014

File your return and meanwhile get filed revise TDs return from company.

rohit (Others) (29 Points)
Replied 26 July 2014

Thank you all. I told the payroll team and they are going to refile my form 16 again. Will that cost them money ? And just out of curiosity if they ignore it, won't that be illegal ? Are they aloud to do that ?

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PANKAJ MOYAL (STUDENT) (132 Points)
Replied 26 July 2014

U have to convince the taxation department of ur co. to update ur Pan in co. Record nd ask them to revise their tds return . Nd then u file itr. K buddy nd convince mean under table cash. :-)

Arif Ali (Apt Co Advisory) (1230 Points)
Replied 26 July 2014

Yaa, this is not possibe. It is possible only by revising the TDS return by your company. So say to your co to revise the TDS return while quoting your PAN. and then you can file ITR then calim this.

Tribhuvan Aditya Singh (Student as well as Self-employed) (3710 Points)
Replied 26 July 2014

@ rohit... yes it will cost them but a very negligible amt. i am sure your co. can bear this cost for you..... non filing cant be said illegal because they correctly deducted tds and accordingly filed tds return but yes, they are in obligation to correct it as soon as correct information is received by them.

NILA REJESH P (Chartered Accountant) (815 Points)
Replied 27 July 2014

Ask them to revise TDS return with correct PAN.

sumit (accounts head) (38 Points)
Replied 27 July 2014

If Revising TDS return will cost them (company) more than what they have deducted from your account then obviously they will not revise TDS return.

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CA AMANDEEP (nowhere) (50 Points)
Replied 27 July 2014

How much tds amount you have. coz it costs to the company rs. 2000 approx. so if you have any surplus tds after incurring that expenditure then u simply told them that rwvise the return and I will bear the expenditure on revision of tds return.