TDS-PAID-BY-SISTER CONCERN

This query is : Resolved

Suresh (Querist)
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01 May 2011 My client had tds liability on rent for the month of June 2010. But the same has been paid by its sister concern. But while depositing the tax, they have mentioned their TAN. While filing the TDS return, I am confused as to how to show the same in the e-return of the client.
Please guide me on the action to be taken

CA KRISHNA KUMAR DARUKA

CA KRISHNA KUMAR DARUKA (Expert)
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01 May 2011 You can not show that challan in the return of your client. You should apply to AO TDS of your area to change the TAN no of challan.
I am not sure whether he can do that.

Comments of other experts are also welcome.

MAHENDRA KUMAR BAGRECHA

MAHENDRA KUMAR BAGRECHA (Expert)
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01 May 2011 Hi,
I don't think so that u can take tds credit paid in the name of other person or other TAN. You will have to pay it again and then u can file eTDS return. Sister concern can adjust that TDS with other tds to be paid,if any.

CA. Krishna K Neeraj

CA. Krishna K Neeraj (Expert)
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02 May 2011 If TDS is paid by mistake against TAN of sister concern, you should first approach & intimate the same to AO TDS of your client's area under intimation to AO TDS of sister concern of your client's area. Please also submit copy of that challan along with the letter to AO TDS.

Thereafter you can show the same intoTDS return

CA Chandra Kishore Bajpai

CA Chandra Kishore Bajpai (Expert)
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05 May 2011 1. If both TAN falling under same ITO- Approach your jurisdictional ITO(TDS)stating the fact and he can easliy change the TAN and transfer the fund to the relevant TAN however you will have to submit one undertaking from your subsudiary company that amount deposit does not belong to them and they dont have any objection of change of TAN for a particular challan.
2.If both TAN not falling under same ITO
You should approach your ITO along with undertaking and subsidiary company should also submit one request to its ITO, Then ITO of subsidiary company will release the fund and your ITO can accept the realeased fund in right TAn through global claiming in OLTAS system

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