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 07 September 2026
Article/ Paid Assistant

Murali and Sumeet Chartered Accountant

Bengaluru

CA Foundation

View Details
Company
ARTICLESHIP 15 September 2026
Freelance Taxation Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 04 September 2026
Accounts Executive

Hema Yashwanth & Associates

Chennai

B.Com

View Details
Company
29 August 2026
Chartered Accountant

Velionit Consulting PVT LTd

Mumbai

CA

View Details
Company
Featured 12 September 2026
Assistant Manager - Finance & Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
04 September 2026
CA inter Or ca finalist

A Jaiswal and company

Lucknow

CA Final

View Details
Company
08 September 2026
Audit Executive

Thammana & Associates

Srikakulam

B.Com

View Details
Company
21 August 2026
Finance Manager

Resollect Technologies Pvt Ltd

Mumbai

CA

View Details