Tds
This query is : Resolved
18 October 2016
Dear Sir
While Deuducting the TDS the contractor Doesn't have the PAN and tax deducted @20%. Before filing he submitted the PAN number.; my query is that how can I show the details in TDS return. (higher deduction).
While Deuducting the TDS the contractor Doesn't have the PAN and tax deducted @20%. Before filing he submitted the PAN number.; my query is that how can I show the details in TDS return. (higher deduction).
19 October 2016
Yes sir . You have to mention the PAN while uploading by mentioning Higher deducted so that other party get credit in his/her 26AS .
Don't alter the gross amount to match the TDS . show it as higher deduction .
Don't alter the gross amount to match the TDS . show it as higher deduction .
Message likes :
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19 October 2016
whether I have to select Remarks column;'reasons for higher deduction'
19 October 2016
Dear sir,
Yes you can .
Yes you can .
Message likes :
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19 October 2016
Dear Sir
which code I have too select. A/C/T/Y/Z.
I selected C' and provides PAN, but the error message came as follows
T-FV-4323 Remark 'C' can be raised only for PAN quoted in statement is structurally invalid.
which code I have too select. A/C/T/Y/Z.
I selected C' and provides PAN, but the error message came as follows
T-FV-4323 Remark 'C' can be raised only for PAN quoted in statement is structurally invalid.
27 July 2025
Yes, when you upload the TDS return and enter the contractor’s details with PAN submitted after higher deduction, you should:
* **Mention the PAN correctly** in the deductee details.
* **Select the ‘Remarks’ or ‘Reason for higher deduction’ column** and specify the reason as **‘PAN not available at time of deduction’** or similar.
* Keep the **gross amount as original**, and the TDS amount as the higher 20%.
This way, the contractor will get credit of TDS in Form 26AS under the correct PAN, and the reason for higher deduction is clearly stated.
* **Mention the PAN correctly** in the deductee details.
* **Select the ‘Remarks’ or ‘Reason for higher deduction’ column** and specify the reason as **‘PAN not available at time of deduction’** or similar.
* Keep the **gross amount as original**, and the TDS amount as the higher 20%.
This way, the contractor will get credit of TDS in Form 26AS under the correct PAN, and the reason for higher deduction is clearly stated.
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