PAN NOT avialable
This query is : Resolved
ramesh vadnala
(Querist)
15 June 2010
at the time of filling 26Q, some parties PAN was not available and we have filled those parties as PANNOTAVBL and issued TDS certificate to party.
The party not in a position to claim tds credit, the dept. has kept in suspence. now what we have to do, pl.advise
The party not in a position to claim tds credit, the dept. has kept in suspence. now what we have to do, pl.advise
CMA Ramesh Krishnan
(Expert)
15 June 2010
A deductor cannot issue the Form 16 or Form 16 a with PANNOT Available. ask the deductee get the PAN and correct the TDS return then they can claim the TDS
15 June 2010
Agreed with Ramesh Sir. Ask the party to get the PAN. Its very easy. You can get the PAN no. immediately after applying.
CA G. SURYANARAYANAN
(Expert)
15 June 2010
If PAN is not provided in e returns while filing returns under electronic mode, the amount will not go to the credit of the tax payer and will be not exhibited in Form No.26AS (View your tax credit). Some people have got a doubt that whether returns are to be filed every year if PAN is obtained and they will receive notice from Department. It is not compulsory to file the returns, even if PAN is there, when the income is below the taxable minimum. (Sec. 139) So convince the party to obtain PAN through NSDL or UTI. The PAN Application can be downloaded and a stamp size colour photo, address proof and identity proof are to be given.
CA S. SURYANARAYANAN
CA S. SURYANARAYANAN
ramesh vadnala
(Querist)
16 June 2010
Mr. CA S. SURYANARAYANAN
Please clarify that we have to collect PAN & file correct return every time
Please clarify that we have to collect PAN & file correct return every time
18 June 2010
In this case, if deductor is able to collect PAN, he should collect it and revised his return for benefit of dedcutee.
CA G. SURYANARAYANAN
(Expert)
18 June 2010
Dear Sri Bansalji,
Thanks for the clarification you have added to mine. Yes, it has to be done everytime for the relevant quarter.
CA G. SURYANARAYANAN
Thanks for the clarification you have added to mine. Yes, it has to be done everytime for the relevant quarter.
CA G. SURYANARAYANAN
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
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Accounting treatment of AMC alongwith the purchase of Laptop
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Taxation of crypto futures in India Fy 2026- 2027
- Transfer of Physical Stock Between Two Proprietorship Concerns
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- EPF ECR NEW RULES Sep 17th 2026
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
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
