Correction of PAN details in TDS return of Previous Years

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Sumeet Bucha (Querist)
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19 March 2011 NOTE : Please read all question as interlinked.

1. Can we issue the New TDS certificates with Correct PAN deatils without revising TDS returns ?

2. Does we need to revise the return suo-moto without being asked by IT department but instead being requested by our vendors who are being denied the credit by IT department due to wrong PAN details put in by us.

Is there any remedy available for vendors without asking us to revise the TDS return ?

3. How can we revise the TDS return for revious years only for correction of PAN details. HAs it to be revised Quaterly ? Can it be revised only for the details need to be corrected ? or suggest any other convinient procedure for revising it ?

CMA. Subhash Kumar Jha

CMA. Subhash Kumar Jha (Expert)
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19 March 2011 1 > Yes you should issue the form 16 with correct PAN

2.> Revise your return suo-moto. Without your revision, your vendor will not get credit of TDS.

3. Yes.. Correction statement is to be filed only for that quarter, in which the error has incurred. Only PAN details will be updated.

Procedure :
https://www.tin-nsdl.com/RevisedReturns.asp

Sumeet Bucha

Sumeet Bucha (Querist)
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22 March 2011 Thank You !

But I would like to know whether it can be revised for the entire year instead of Quarter-wise.

Also, when details pertaining to Quarters (say of 2008-09 or 2009-10) are not available, so how can I go for the revision.

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