We deduct TDS of the ownership or propritory firms dealing in Job Work., transporters, etc. In the Form 26 Filed Quaterly the details such as name of the Firm and PAN is given in the return. Many times we get letters from (DIT ) systems saying that the PAN quoted are mismatching.
This is because the PAN Quoted in the return are those of f the Owners of the firm. Whereas on the bills raised by the Firms no details of The Owner are mentioned . n such cases TDS paid will not be credited to the respective Owners.
Could you please guide us on this issue.
CAclubindia
