Wrong credit of tds

Dear Experts,

My client has received a wrong credit of Rs.650000  as TDS under section 194H for the AY 2013-14 from a Public Limited Company.The Company is not responding to this issue and we are not able to file the Return of Income for AY 13-14 as the amt is clearly reflecting in 26AS .

Please provide a solution to this Problem.Is there any mechanism where we can intimate The IT Dept that it is not the Clients Income????

 

Replies (4)

Yes you can definitely approach the income tax department for the grievance. You  have to approach your jurisdictional TDS Officer along with the bank statement etc. that you have not received any such amount. Then he should be able to send notices to theconcerned company.

 

vivekanand khandelwal 

You should file your income tax return without showing any information regarding said TDS. Further, for your safegaurd, you should also give the information regarding said TDS with your concerned A.O. and also to teh said company for wrongly shown the TDS in your PAN.

You have to inform to campany and your assessing officer. If by mistake compny mentioned wrong PAN in TDS return than it is possible. When comany will rectify his TDS return This entry automaticaly would be delete from Your 26 AS.

 

Regards

Puneet Mittal

Thank You Experts.The information was Helpful.

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