22nd December 2011
Dear Members
Lot of us are filing TDS returns on behalf of Companies.....etc. Eventhough every care is being taken, there is a likely chance that we may mention the PAN of the deductee wrongly or the deductee would have provided us a wrong PAN. How to know whether the PAN (LIST OF INVALID PAN) mentioned by us in our TDS returns is valid or not
NSDL has introduced a facility in their website. This facility is available for those who hold TAN and who have registered their TAN with NSDL website. The details are as follows:
(1) We have to login to our TAN Account (using our username and password
(2) On the main menu please select TDS / TCS (under which another sub menu by name "List of Invalid PAN" is available. Please click on this sub-menu.
(3) Provide the Financial Year, Form Number and Quarter for which you require the details.
(4) A reference number is generated (note this down) and your request information / file is made available under the DOWNLOAD MENU.
(5) Click on the download menu and download the zip file to your desktop. For unzipping the file you are required to provide the 15 digit Provional Receipt Number of that particular quarter. On providing the same an excel file will be unzipped. This excel file contains the list of PAN which are invalid.
(6) The deductor has to take necessary steps to file a revised return for that quarter duly mentioning the correct PAN of such parties. Otherwise the credit of TDS will not go to them. Further if the PAN is invalid, you cannot generate TDS certificate from NSDL website for those parties.
with regards
Muralidharan
CAclubindia
