Tds

This query is : Resolved 

06 July 2013 We have deposited and filed return of TDS with wrong PAN card number by mistake. What should we do to rectify the same?

06 July 2013 File rectificatory e tds retun.

06 July 2013 Download consilidated fvu from TRACES site and file correction statement after correcting the PAN No.

06 July 2013 Time limit? this mistake is continuously committed from October 2012

06 July 2013 There is no time limit for revising the TDS return. So you can revise the return now.

06 July 2013 Snajay Gupta ji, thanks alot for your response, pls.clear one more views that arose from your last answer.... If the deductee filed return of Income Tax and may have claimed of such wrongly deposited of TDS, still revised TDS return shall be filed by DEDUCTOR. Pls. clear my concept

06 July 2013 Yes. You should file revised return. No assessee will claim wrongly deposited TDS. They claim the actual amount which has been deducted from them. Even if return filed they have the option of revising the return. If anyone claim wrong TDS department can also issue cdemand notice. Furthermore, your query relates to FY - 2012-13. Dont think assessee would have filed the return and even if filed, return has not been processed. So earlier you file revised TDS return better it will be.


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