Short Deduction Notice

Quick Summary
This discussion addresses short deduction notices received by buyers when a seller's PAN was not linked to Aadhaar at the time of a property transaction. Many users are facing similar issues, with the Income Tax department often stating the demand is correct due to the inoperative PAN on the transaction date. Solutions explored include correction requests, appeals, and contacting tax authorities, though many find the process complex and time-consuming. Recent updates suggest that the IT department has cancelled many such demands for transactions before March 31, 2024, provided the PAN is linked by May 31, 2024, though specific procedures for cancellation are still being clarified.

(Duplicate post due to site issue as original post was not showing up)

CA Mayur Thakkar please login to TDS portal and check if the short demand is showing there (download the justification report).

If showing meet the Assesing Officer asking the reason for resending the notice when it was squashed. I feel it must be a mistake but better to clarify. To know the responsible AO who sent the notice, CA should help in approaching the AO and check. 

Hi Gaurav login to Traces and check if the demand is showing there. If not showing then it must be their server error. If showing please contact your CA and approach the AO who sent the notice to you after the demand being squashed by Income Tax department 

Hi Mayur login to traces and check if short demand is showing there. If yes contact your CA to approach AO who sent the demand 

Hi Mayur Thakkar please login to traces and check default summary in 26QB If showing there please connect with your CA and he will approach AO who sent the notice to check for reason

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