banner_ad

Tds paid for non pan deductee in 1st qtr

This query is : Resolved 
Profile Image

Profile Image

(Querist)
14 October 2014 We had deducted and paid tds on advance payment of rent for booking a exhibition hall. The party did not have a pan no. so we have deducted tds at higher rate i.e. 20%. This transaction took place in Jun 14.
and we have filed our e-tds return in Jun 14 which included this transaction

Subsequently in Aug 14 The booking was cancelled and the party refund the amount paid by us.(Net of TDS)

Kindly advice how do we adjust this transaction in current or subsequent quarter
Profile Image

CA R SEETHARAMAN

Profile Image

CA R SEETHARAMAN (Expert)
14 October 2014 Revise tds return of Jun 14 removing this transaction or entering 0. Adjust this tds in current remittances.
Profile Image

@VaibhavJ

Profile Image

@VaibhavJ (Expert)
14 October 2014 You can do pan change against that transaction by revising etds return
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details
Company
ARTICLESHIP 23 May 2026
Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details
Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details
Company
Featured 28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details
Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details
Company
19 May 2026
Fundraising Expert

MentorsWorld Ventures Private Limited

Ahmedabad

Others

View Details
Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details