Sir My Client has purchase flat and he is making payment in installment When paying TCS u/s 194IA the PAN Of buyer has been mentioned instead of Seller Pan Number. The same TCS has been credited in Buyer Form No 26AS instead of Seller account Now I want to rectify the payment challan how to rectify the same. and what is procedure for change in pan number
SIR...FIRST OF ALL TDS WILL BE DEDUCTED U/S 194-IA ...RATHER TCS.....GENERATE NEW 26QB AND FILE CORRECTION APPLICATION TO RESPECTIVE TDS A.O. OF YOUR APPLICABLE JURISDICTION.. WITH THE REASONS EXPLAINING THE SAME ..