Pan correction

This query is : Resolved

Srinivas Sharma KN (Querist)
Follow

17 January 2014 My client has wrongly given status as Company instead of AOP. Can status of PAN changed to AOP now and retain the same PAN? If not, how to claim tax credit in faulty PAN?

Nikhil Kaushik

Nikhil Kaushik (Expert)
Follow

17 January 2014 you wont be able to retain the same PAN>

the best way out is to reapply and surrender this PAN.

Srinivas Sharma KN

Srinivas Sharma KN (Querist)
Follow

17 January 2014 Thanks Nikhil, what about the TDS deducted in faulty PAN?

Nikhil Kaushik

Nikhil Kaushik (Expert)
Follow

17 January 2014 what you mean by deducted in faulty PAN...deducted against the faulty PAN of the deductee??? if yes, then TDS return can be revised once the new PAN is procured.

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
Follow

17 January 2014 Yes status can not be changed without change in PAN. 4th Alphabet of 10 digit PAN denotes the status. For company its C and for AOP its A. So advised by learned expert apply for new PAN and surrender okd PAN.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

bhagat ram goyal

jagadheswar goud

Jaipal Singh

HITESH PATEL

NISHANT SIPANI

Subscribe Now

Pan correction

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Senior Executive

Manager- Finance and Compliance

GST CONSULTANT

GST CONSULTANCY

Accountant

CA Final

Article Assistant

Associate CA