How to clear demand notice due to INOPERATIVE PAN
This query is : Resolved
Quick Summary
Jagadish T G
(Querist)
08 March 2024
Dear Experts...
I have a query that one seller not linked his PAN to Aadhaar.
But buyer does not aware of this PAN inoperative, deducted 1% TDS on immovable property paid and filed 26QB now buyer got demand notice of balance 19% (20% for inoperative; 1% - already deducted)
now my query is seller now linked his PAN to aadhaar.
How to clear this demand? Kindly help me.
I have a query that one seller not linked his PAN to Aadhaar.
But buyer does not aware of this PAN inoperative, deducted 1% TDS on immovable property paid and filed 26QB now buyer got demand notice of balance 19% (20% for inoperative; 1% - already deducted)
now my query is seller now linked his PAN to aadhaar.
How to clear this demand? Kindly help me.
CA R SEETHARAMAN
(Expert)
08 March 2024
File appeal against the demand within 30 days stating seller now linked the PAN.
Jagadish T G
(Querist)
08 March 2024
Can I file correction return online against this demand?
CA R SEETHARAMAN
(Expert)
08 March 2024
Yes, you can deduct additional amount of 19% and file another TDS return.
Jagadish T G
(Querist)
08 March 2024
Dear Sir,
I am asking the solution to clear demand of 19% TDS and whatever you suggested to pay additional 19% is not a solution to my question and what is the use of paying 1% TDS and I know this before your answer too.
I am asking that is there any option rectify the demand online without paying addl 19% TDS.
and also 19% of TDS is not small amount to pay. It is 26L.
I am asking the solution to clear demand of 19% TDS and whatever you suggested to pay additional 19% is not a solution to my question and what is the use of paying 1% TDS and I know this before your answer too.
I am asking that is there any option rectify the demand online without paying addl 19% TDS.
and also 19% of TDS is not small amount to pay. It is 26L.
08 March 2024
Hello Sir, Kindly DM me will guide you with solution
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