Received notice for PAN error and demand, how to rectify?

We have received 2 notices, one for demand and one for PAN error. The TDS is for professional services. The deductee provided wrong PAN by mistake on the invoice. He has given the correct PAN now. There was a "76" in the PAN instead of "67".

How do we rectify that? Should we just use the same uttility to file revised return with the correct PAN? Do we also have to respond to the notice or do something else? I want to know if we file the revised return, will the demand notice be canceled automatically or do we need to take some other steps?

Please help!

Replies (2)
Quick Summary
This discussion addresses how to rectify a PAN error and a subsequent demand notice received for TDS on professional services. The error occurred due to an incorrect PAN provided on the invoice, which has since been corrected. The recommended solution involves filing a revised TDS return using the correct PAN. This can be done by downloading the conso file from the TRACES website, making corrections via RPU or similar software, and then re-filing through the e-filing portal. Filing a revised return should automatically settle the demand notice, which can be verified on the TRACES website after a few days.

It is an automated system. If u settle the issue by revised filing, the demand automatically gets settled. which can be checked online in the traces website after 2 or 3 days of filing.  To revise U can download the conso file from Traces website, Open the .tds file using RPU or the software which u use, do the required corrections, and the file the returns through efiling website. need not pursue the demand. once revised filing is done automatically the demand will be cancelled / nullified in traces website. u can also file using digital signature in traces website

Thanks for you reply.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register