sunil (Student) 01 November 2016
one of my customer deducted tds.and paid bill on company name, but in his tds return under deductee Detais he entered pan of mine insted of company pan, so the amount deducted was not reflecting in company AS26. and he is not willing to revise the return. what can i do..?
Dhirajlal Rambhia (KVO Merau Kutchh) 01 November 2016
Query is not clear. How can your customer file TDS return of your company?
If you mean to say, he deducted TDS and paid bill of your company, but deposited the same in your PAN.
Its fault on the part of deductor, and liable to be penalized, unless he revises the return.
Dhirajlal Rambhia (KVO Merau Kutchh) 02 November 2016
You haven't lose any thing, as the TDS has been credited to your personal PAN. And if the customer has paid amount in your personal name, question of his penalty may not arise, but little confusion. If the customer has deducted TDS with your PAN with payment in your personal acc., and not ready to revise return; you can rectify your accounts with necessary JVs.