Wrong pan but within threshold limit under sec 194h
This query is : Resolved
22 April 2015
Dear all,
I have not deducted tds under sec 194H with wrong PAN coz deductee threshold limit not exceed as per rule i.e. Rs.5k.
And I have shown all details at the time of return filling by putting threshold flag (i.e "Y") but received software genereted notice from dept.(Traces) that pan is wrong and need to pay @20% tds on the same.
So, need advice whether dept. is correct or not and if correct then under which section this rule comes.
Thanks
Ragards
Bijit
22 April 2015
you can correct the return with correct PAN number and reply to the department. since the PAN number is wrong IT system must be generated the default notice automatically. so you can correct the same
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
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Opting our of sec 44AD
- Regarding TDS Applicability For Director Remuneration
- LC charges in relation to Asset purchased should be Capitalised ?
- SALE OF MOTOR CAR BY REGISTERED INDIVIDUAL
- Regarding appeal to GSTAT
- Copyright software
- Transporter Declaration form
- Multiple trade mark
- Value of property in capital gain
- GST Treatment of Insurance Commission for Existing GST Holder
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
