A person has given his PAN no to various parties which they qouted on TDS certificates issued by them, now the same person applied for new PAN because of rectification in DOB and has been alloted new PAN & the same was given to parties (Deductors) which they quoted on some TDS certificates issued by them.
Now my question is how will this person show the Receipts(Income) for 2008-2009?
What is the remedy?
One person can not have more than one pan. the person shd have filled the pan rectification form rather than applying for the new pan
yes, ashish gupta is right.
U SHOULD SURRENDER ONE OF YOUR PAN TO ITO AND WRITE A LETTER FOR YOUR MISTAKE IF HE PARDONS YOU THAN NO PENALTY ELSE PENALTY OF RS 10000 AND THEN CLAIM TDS ON BOTH PAN ACCORDINGLY
DONT FILE ONLINE AS IT WILL CAUSE U TROUBLE
CAclubindia
