Tds return
This query is : Resolved
CA RICHA SHAH
(Querist)
18 August 2012
If I have put fixed deposit in bank on which TDS is applicable.since i am minor i have no PAN number.If i put my father's PAN number for no applicability of TDS at high rates.
is there any system of IT department that will check the name and pan number presents in tds return??
Is there any system so that one can trace this mal practises?//?
is there any system of IT department that will check the name and pan number presents in tds return??
Is there any system so that one can trace this mal practises?//?
Amol S Joglekar
(Expert)
18 August 2012
There is every systematic SYSTEM where this can be found out. Whether the department really finds it out or not is a different thing.The responsibility of TDS is cast on to the heads of BANK. Bank acting in good faith and accepting your father's PAN instead of you is at RISK. You are not. Being a MINOR, please remember that every care is taken by our Acts that minor shall not be victims of the knowledge of major... at the same time it is also taken care of that majors need not be fooled by the mischief of minors. Choice is yours.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Query on effect of registration of property
- Visiting card purchase
- GST on reimbursement of expenses
- Due date for filing return for the partner in partnership subjected to Tax Audit
- Equity Share Sale and Purchase
- Goodwill transfer of deceased father’s firm – ICAI applying a 27.04.2026 cut-off to the 3 year limit
- Wrong CMPo8 file
- Whether output tax is taken credit by purchaser
- Number of years as per AS amortisation of Goodwill
- Additional trade name
- Foriegn assets disclosure
- Classification of income of P Ltd company as business or profession
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
