Hello all,
I am helping one of my friend who has purchased a property and has paid 1% TDS on the property that he has purchased. While paying the TDS my friend has done the mistake of paying it under direct tax in place of basic tax. Due to this the seller of the property is not able to see the TDS amount and it appears as zero for him. This has crippled the seller from filing his tax returns. Since my friend is not in station he has given the responsibility to me and I am also helpless.
I registered in the traces web-site and I downloaded the Form 16B and Form 26AS both of which show TDS as zero for the seller. I am calling Traces guys and asking for help and they are claiming that it can be done only once and after that the option goes off. I really wonder how is that possible. In any case I was not even able to see once also. I would like to know if anyone has done it recently through Traces(www.tdscpc.gov.in). If yes, kindly let me know if I am missing something. I am not able to see any link to make the correction which they claim is there.
Traces people are claiming that it can be changed only online. But they don't it and I am unable to do it due to the unavailability of the link. If anyone has run into similar problem kindly advise. Seller is calling everyday to ask the status. Any help in this regard is highly appreciated.
Regards,
Chitra
CAclubindia
