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?

CA PARAS BAFNA

CA PARAS BAFNA (Expert)
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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.
.

Message likes : 1 times

Nikhil Kaushik

Nikhil Kaushik (Expert)
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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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