Tds @ 1% wrongly deducted

Dear Experts !!

  1. I got an order on behalf of firm X (my close relatives firm)
  2. We have both purchase and sales invoices issued.
  3. We file proper returns.
  4. Now a company Y (to whom we sold goods) deducted 1% TDS on my PAN CARD NUMBER. 
  5. TDS Amount works approx 20,000 INR
  6. I requested company Y to rectify this error and deducte the same amount of TDS on my relatives PAN
  7. However they are not doing so. They advised me to swap/settle the issue between me & relative. I have no idea what this means. 
  • Finally, there is no way this company is going to help me (its a MNC) 
  • Can you anyone assist me with this query
  • Matters have gone a little more complicated cause. I have floated my own firm now with new name and supplied some goods.

 

I need a some professional to advice this query. 
I also need services of a CA in South Mumbai to manage my accounts.

 

# I am new start-up

Replies (2)

Sir,

In my view is that case you should be claim the amt. of TDS as Refund otherwise you followd the various procedure in this regard.

 

Originally posted by : Harendra Kumar
Sir,

In my view is that case you should be claim the amt. of TDS as Refund otherwise you followd the various procedure in this regard.

 

 

Thank you for your quick reply. Can you please throw some light on "Claim the Amt"

From whom should I claim ?

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 22 October 2026
Articleship intern

Srinath Manikanta

Hyderabad

CA Inter

View Details
Company
30 September 2026
Senior Accountant

Codeboard Technology

Chennai

B.Com

View Details
Company
12 October 2026
AUDIT , ACCOUNTS AND TAXATION

KDSS

New Delhi

B.Com

View Details
Company
13 October 2026
Accountant

Zerdi & Co. Chartered Accountants

Pune

B.Com

View Details
Company
14 October 2026
Accountant

Rize.farm

Bengaluru

B.Com

View Details
Company
19 October 2026
Accountant

Jari Saree Center

New Delhi

Others

View Details
Company
ARTICLESHIP 01 October 2026
Articled Assistant

KPSN & Associates LLP

Chennai

CA Inter

View Details
Company
16 October 2026
CA article trainee

Zerdi & Co. Chartered Accountants

Pune

CA Inter

View Details