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Mistake in TDS payment

901 views 5 replies

Mihir

Wealth Manager

5293 Points Posted on 13 April 2011

TDS by company was payable via netbanking through tin-nsdl website.

TAN was correctly entered

Amount was correctly entered

Bank account number was correctly entered and paid successfully

Assessment year was correctly entered

Nature of payment was correctly entered

Name - instead of company's name, individual name was mistakenly entered

Now what can I do to correct this mistake? How do I change the name ?

Thanks,

Replies (5)

Pankaj Arora

Learner

3134 Points Posted on 13 April 2011

First write a letter to bank for rectification of same if bank is unable to do same than write a letter to AO of your ward….

U S Sharma

glidor@gmail.com

21068 Points Posted on 13 April 2011

payment is credited on TAN basis, it would get credited in tax account, irrespective of name of person or company, ( clarification : the payment is made by person on behalf of compnay)

Vikash Kharvar

Dy. Manager -F&A

469 Points Posted on 14 April 2011

Originally posted by : U S Sharma
	payment is credited on TAN basis, it would get credited in tax account, irrespective of name of person or company, ( clarification : the payment is made by person on behalf of compnay)

Bibhuti Bhusan Das

Financial Analyst

144 Points Posted on 14 April 2011

Agree with Vikash Kharvar

Mihir

Wealth Manager

5293 Points Posted on 15 April 2011

In order to confirm the payment, I visited tin-nsdl.com and checked with challan status enquiry. I checked using TAN as well CIN, but the payment made is not reflecting in any of it. It shows no record found. I think I will check the bank account if it actually got debited, because if nsdl has a secured payment facility then maybe the payment got cancelled due to discrepency in the input data.

I'll revert back with more info