incometax
This query is : Resolved
25 March 2010
While receiving commission, an Individual assessee has inadvertantly used PAN Number of the Firm. Firm is not doing any Business. Income is being offered in the hands of Individual.
TDS certificate is in the name of firm and with firm PAN Number. Since Income is being offered in Individual hand and TDS in firm’s name is also being claimed in the individual’s return. Is it OK to claimTDS? If not, kindly advice how to claim TDS?
TDS certificate is in the name of firm and with firm PAN Number. Since Income is being offered in Individual hand and TDS in firm’s name is also being claimed in the individual’s return. Is it OK to claimTDS? If not, kindly advice how to claim TDS?
25 March 2010
Ask the person who had deducted TDS to file revise return of TDS and then issue fresh TDS certificate for the same in the name of the individual and with his PAN. then only he can claim the TDS not otherwise
27 March 2010
agree with expert
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- CG Tax On residential property
- Applicable TDS for Purchase of Flat from NRI
- Claiming exemption of perquisite for employee-owned car under New Tax Regime in ITR-2
- Pass word to open justification report for Q1 for FY 2026-27
- Gift of mutual fund units to daughter
- PPF interest-As Exempt Income disclosure
- Under construction property in ITR
- Not able to file ITR
- Building tax payment deduction in rental Income
- NRI ITR2 account in 2025-26 ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,.
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
