06 February 2011
I have filled e-tds return for the quarter ending Sep-09 on 18.11.2009. later on while preparing the Form-16A it has brought to my knowledge one of the deductee that he has given the PAN number of his partner instead of Firm. As the PAN number was provided by the Partner of the firm and the payment was made to the Firm. now the Partners insisting on that the Form-16A should be issued in favour of Firm instead in the name of the partner and requesting for revision in the e-TDS return. Can someone advise me whal will be the course of action i should adopt to copup the situation. is there will be any penalty of revising such return at this point of time. what will be the consequencies?