Tds claim

393 views 2 replies

Niraj Vasani

Article Assistant

56 Points Joined December 2009

Hello evry one, I have query that a deductor had quoted wrong PAN of deductee in his TDS return 4 which Tds deducted in March 11. Deductee who is following cash basis of accounting claim the income in the year of P.Y. 2011-12. On the online 26AS the credit of TDS not shown. What is the way out of it? Can deductor revise TDS return now by rectifying mistake? Nd if not what option available to claim the same to deductee? Nd cn by filling reaturn of income by manualy, deductee better of the than online filing in this case? Thanx in advance....

Replies (2)

satish kumar voleti

A.C.A. (ICWAI)

1686 Points Joined May 2008

It is the responsibility of the person to file the return correctly and if the deductee has enough proof i.e. form 16 and 16A... but the income tax department will not give credit unless it is reflected in the assesse 26AS. so you have no forgo.. you ave contact the deductor to quote the correct PAN and file the revised return....so first contact the deductor and tell the miskate took place.. actually he would have go a notice from the department for quoting the worng PAN...

Next meet the ITO and explain your problem... so will take some time to get it corrected so please be waited....

Niraj Vasani

Article Assistant

56 Points Joined December 2009

Thank u satish 4 reply. Bt cn u guide me that can deductor revise return now? I mean he has deducted TDS in March 11 and might have file return aftr that. So its almost one and half year passed. Cn he revise return nw? And filing return manualy can help in this matter?