Dear sir,
In my office ex-staff theft my PAN card and registered the same as individual subcontractor. After seeing my Form 26as I came to known that my PAN card was theft and misused. In my Form 26as,under 194c he earned Rs.4 Lakhs. I am an employee in public limited company and comes under 20% tax slot(192 section).
I have shown my Form 26as to one of CA and he told that I have to pay Rs.80,000 (As company deducted 2% ) nand for balance 18% I have to pay because as Iam salaried employee with 20% slot.
I have contacted the deductor and told my story and misuse of my PAN by ex-employee.We have contacted the ex-staff and he told that he will make the revise TDS and he had submitted his details to the deductor. The deductor (CA) told that he had make revised TDS and it will reflect in my Form 26as after 15-20 days. CA of the company had advised that to return my salary(sec:192) and after 20 days the the amount showing Rs.4 Lakhs will be nullified.
In the month month of Feb 2014,my ex staff came and he told that his relatives are sending Rs.40,000 and for that he require my axis bank account number beacuse his relatives are old and only that bank is nearest to them and he told he required money urgently for medical expenses. By conisdering the health grounds I had given my canara bank saving account number only and then after 2 days it is surprised to see that i have received Rs.2.0 lakhs into my account,then i called him personally and asked him that you told that only Rs.40,000 will be deposited but it is showing around RS.2 Lakhs,he told that due to medical urgency he got that amount and he begged me to transfer the same amount to his icici bank account and I had transferred the Rs.2 lakhs immediately.I am having both the bank statements.
When I have contacted the deductor after seeing my form 26as,the decuctor have told that he had deposited Rs.2 lakhs against subcon job by cheque and more over my name was registered as proprietor. Deductor had registered my pan number without checking any credentials and my ex-staff is in contact with deductor and talking with my name. I
n my form 26as it is showing Rs.4 lakhs but i have 2 lakhs and that too have transferred to ex-staff account.Deductor told he had deposited balance 2 lakhs in other account(may be ex-staff).
Please advise us that if the revised TDS reflects in my form 26as then it will be good but if not what action (legal/police)can be taken against ex-staff and deductor company(registered my PAN without checking any credentials).
Please help me in this regards as after 20 days also my form 26as not updated.
Regards
Krish
CAclubindia
