Fraud TDS: Total Amount Paid Credited

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This query is : Resolved

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A user is experiencing fraud after a payer deducted TDS and then falsely reported double the actual amount paid on the TRACES website. This incorrect reporting could lead to unexpected tax liabilities. Suggestions include sending a formal letter demanding correction within 30 days and threatening to report the matter to the Income Tax Department if the payer refuses to rectify the error.

Rahul Singh

Rahul Singh (Querist)
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08 November 2020 Dear All,

One person was supposed to pay me Rs.6L and while paying he deducted some Rs.50k in the name of TDS. So while proceeding for Income TAX, as I checked on TRACES/TDS website he has falsely mentioned Rs.12L in Total Amount Paid Credited, which is wrong & double amount what he actually paid.

So what steps I can & should take against such person legally? This is absolutely fraud thing, because he must have shown wrongful cash transaction in my name. But to prove that I have written emails/agreement of that time.

Thanks

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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08 November 2020 Write a letter and give him 30 days time for correction in Traces else the matter will be reported to IT department, if not corrected inform Income tax department of his wrong doing.

Rahul Singh

Rahul Singh (Querist)
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09 November 2020 Dear CA R SEETHARAMAN,

Thanks for your help. So I'll inform him to do the rectification & give warning of further steps. But incase if he denies, then how can I inform IT department about his act? Because I have to file my income taxes soon and this extra amount will come on me as taxable amount, if I'm not wrong wrong.

Looking forward for your suggestion.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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09 November 2020 Yes, the extra amount will come to you.
Use the link to complain.
https://www.incometaxindia.gov.in/Pages/tax-helplines/regional-grievances.aspx

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