Tds
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
03 May 2014
what to do if invalid pan have been enetered in tds return?
will it be laible for 20% tds or just revision of return with correct pan is sufficient?
will it be laible for 20% tds or just revision of return with correct pan is sufficient?
CA PARAS BAFNA
(Expert)
03 May 2014
You can file a rectification statement.
So, if you rectify the PAN even after receiving the Default Notice, it will not be liable for 20% rate.
.
So, if you rectify the PAN even after receiving the Default Notice, it will not be liable for 20% rate.
.
Message likes :
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Nikhil Kaushik
(Expert)
03 May 2014
please note that correction only upto two alpha and two numeric characters is allowed. if the correction includes more than this, 20% deduction shall still apply.
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