HELLO ALL FRIENDS
I LIKE TO SHARE ONE PROBLEM
One of my clien pay tds throw SBI and in process of paying tds liability bank uploaded wrong TAN of assessee in the challan so that my client not geeting the credit of amount paid,
further Income Tax department issue the notice of under payment of tds liability and Now above bank give us certificate certyfying the error occured.
Now i want to the solution of the same problem.
my opinion is you can ask the bank rectify the challan ,after revise the tds return
Friends Devarapu
Thanks, and we get certificate already but income tax department denied to rectyfying the error
now whats the solution
you have to contact your AO
Letter To A.O, Along With Bank Error Letter And Indemnity Bond.
Not Other Solution.
And This Will Take months To Get Rectify, So Just Keep The letter Receiving.
Ragards
CA. Kumar Ajay
cakumarajay @ hotmail.com
Sir what purpose does indemnity bond serve here. When bank giving the letter stating that the co. had put wrong TAN in challan but it has paid all the tds amounts.
Kindly pls help me out.
CAclubindia
