26QB correction request
This query is : Resolved
Quick Summary
24 September 2023
I bought property in mumbai and paid 1% TDS of property value..on the same day I got default notice to payment Additional 19% as a penalty because seller PAN and Adhaar was not linked later we got it linked and filed correction in traces but still got the same default notice....now how to get this notice null & void since PAN and Adhaar both are linked now
29 September 2023
You can select appropriate option while rectifying or create a ticket on the same
06 July 2024
To resolve the issue of the penalty notice for non-linking of PAN and Aadhaar of the seller, even after you have linked them and filed corrections, you can follow these steps:
1. Verify PAN and Aadhaar Linking:
• Double-check on the TRACES portal that the seller’s PAN and Aadhaar are correctly linked. Ensure that the linking process was completed successfully.
2. Correction Process:
• If you have already filed a correction on the TRACES portal after linking PAN and Aadhaar, ensure that the correction was done correctly and all required details were updated.
3. Communication with Assessing Officer:
• Contact the Assessing Officer (AO) or the jurisdictional TDS officer directly through email or by visiting the office. Explain the situation clearly, providing proof of the corrected details and the linking of PAN and Aadhaar.
4. Submit Documents:
• Submit copies of the updated PAN card and Aadhaar card of the seller, along with any other relevant documents, to support your case.
5. Request for Rectification:
• If the penalty notice persists despite your efforts, request for rectification or cancellation of the notice due to the linking of PAN and Aadhaar.
6. Follow-up:
• Follow up regularly with the Assessing Officer or the designated authority to check the status of your request. Document all communications and keep records of submitted documents.
1. Verify PAN and Aadhaar Linking:
• Double-check on the TRACES portal that the seller’s PAN and Aadhaar are correctly linked. Ensure that the linking process was completed successfully.
2. Correction Process:
• If you have already filed a correction on the TRACES portal after linking PAN and Aadhaar, ensure that the correction was done correctly and all required details were updated.
3. Communication with Assessing Officer:
• Contact the Assessing Officer (AO) or the jurisdictional TDS officer directly through email or by visiting the office. Explain the situation clearly, providing proof of the corrected details and the linking of PAN and Aadhaar.
4. Submit Documents:
• Submit copies of the updated PAN card and Aadhaar card of the seller, along with any other relevant documents, to support your case.
5. Request for Rectification:
• If the penalty notice persists despite your efforts, request for rectification or cancellation of the notice due to the linking of PAN and Aadhaar.
6. Follow-up:
• Follow up regularly with the Assessing Officer or the designated authority to check the status of your request. Document all communications and keep records of submitted documents.
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