Revision of tds return
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
03 January 2012
Dear sir,
Whether there is any problem in filing correction return by changing PAN no. of one deductee, if wrong PAN has been accepted as a valid PAN by NSDL system in regular return.
Whether there is any problem in filing correction return by changing PAN no. of one deductee, if wrong PAN has been accepted as a valid PAN by NSDL system in regular return.
Vineet Goyal
(Expert)
03 January 2012
Yes because credit of TDS will go to wrong PAN no. You need to revise the return in this case.
Vineet Goyal
(Expert)
03 January 2012
Yes because credit of TDS will go to wrong PAN no. You need to revise the return in this case.
Vineet Goyal
(Expert)
03 January 2012
Yes because credit of TDS will go to wrong PAN no. You need to revise the return in this case.
03 January 2012
You are allowed to file correction return once to rectify the PAN even if it is a valid PAN.
Vineet Goyal
(Expert)
03 January 2012
I am sorry I do not agree with the view of Mr. Krishna. TDS return can be revised any number of time.
04 January 2012
I agree that TDS return can be revised any number of times but a Structurally valid PAN of a deductee in the regular statement can be updated to another structurally valid PAN only once. Pl see the following link for rules of correction statements:
https://www.tin-nsdl.com/etds-etcs/faq-etdrevised-precorr.php
In the above link see the answer of following question:
How many times can I update PAN of a deductee/transacting party
https://www.tin-nsdl.com/etds-etcs/faq-etdrevised-precorr.php
In the above link see the answer of following question:
How many times can I update PAN of a deductee/transacting party
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