Tds rectification

This query is : Resolved

Sunil (Querist)
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01 May 2014 Demand raised by Dept 51500.00 for short deduction in TDS (24Q) return for F.Y.2011-12
ON 27.03.2014.

But in my REVISED return i mention the correct pan no after that assesses get the claim.

I mail my query to the department and there reply is hereunder

Dear Sir/Ma'am,

Thank you for contacting us, it is our pleasure to assist you.

Your query related to PAN error default is acknowledged.

It is to inform you that the provisions of section 206AA apply at the time of tax deduction, which happens prior to the filing of statement. Thus, the deductor is expected to have a Valid PAN at the time of deduction. Only a typographical error is expected at the time of filing the TDS statement.

The demand in the hands of the deductors is being rectified in cases where the difference between the Invalid PAN and the Valid PAN is not more than 2 characters. This is being done in order to take care of the genuine typographical errors in data entry.

The rectification of demand in other cases is not done if the mismatch is more than two alpha characters & two numerics. Therefore, out of 10 characters in case of structurally valid PAN, 4 characters are being considered for rectification of demand.

Sir, basically i want to know their is any action or procedure in which i can get the
relief or rectify the demand.

pls suggest

Sunil Nijhawan
9254276276

Nikhil Kaushik

Nikhil Kaushik (Expert)
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02 May 2014 The response you have received is what the existing structural rules are.

20% deduction in absence or incorrect PAN (more than 4 digits wrong) is compulsory.

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