LIVE GST Certification Course by CA Arun Chhajer begins 27th April. Register Now!!

Wrong PAN no on TDS Certificate

CA Navin Jain (MANAGER (FINANCE & ACCOUNTS)) (11768 Points)

10 July 2010

Dear all

My client has received TDS Certificate from his Employer but his PAN No. is wrongly on TDS Certificate.

can my client avail the benefit of such TDS Certificate.

Reply
Follow
Share

10 Replies

Ratan Deep Saxena (Asstt Manager (Accounts & Finance)) (2998 Points)
Replied 10 July 2010

No credit cannot be availed off by your client as the PAN No. is not rightly mentioned.

regards,

ratan

Ratan Deep Saxena (Asstt Manager (Accounts & Finance)) (2998 Points)
Replied 10 July 2010

your client can also download the TDS statement online from WWW.TIN-.NSDL.COM by registering on it.

the site will automatically provides the details of the TDS Deducted in the name of particular Pan No.

regards,

ratan

pooja (1) (139 Points)
Replied 12 July 2010

ur clinet willnot get the credit, but he can approch the employer for new TDS Certificate by showing his PAN Card , but the employer has to file the return again by making the corrections, then ur client will get the credit.

Samir (ACA) (113 Points)
Replied 12 July 2010

The number of complaints on wrong PAN and Assessment year on TDS and Taxes paid in Banks are on rise!

How can a assessee suffer for mistakes made by others?

(a) My Client A has got TDS Certificate with his PAN quoted, but his Tin account does not reflects the TDS?

(b) My Client B has paid Rs. 1,23,000/- as Self Assessment Tax in July 2009 in a nationalised Bank for F.Y 2007-2008 & filed return accordingly in that month at that time he did not had TIN a/c, but now when he registered he has found that the SAT of Rs. 1,23,000/- has been reflected in F.Y 2008-2009, now can anyone suggest what should be done?

Sunali (Learner) (1317 Points)
Replied 14 July 2010

Originally posted by : pooja
	ur clinet willnot get the credit, but he can approch the employer for new TDS Certificate by showing his PAN Card , but the employer has to file the return again by making the corrections, then ur client will get the credit.

Agree with Pooja, However the last option availabe with the assessee would be to write to his A.O. enclosing the TDS certificate in original as in that case the deductor will be liable u/s 272B and the deductee will be granted the claim.

Samir (ACA) (113 Points)
Replied 16 July 2010

(a) My Client A has got TDS Certificate with his PAN quoted, but his Tin account does not reflects the TDS?

Thanks!

Samir (ACA) (113 Points)
Replied 21 July 2010

(a) My Client A has got TDS Certificate with his PAN quoted, but his Tin account does not reflects the TDS?

(b) My Client B has paid Rs. 1,23,000/- as Self Assessment Tax in July 2009 in a nationalised Bank for F.Y 2007-2008 & filed return accordingly in that month at that time he did not had TIN a/c, but now when in E-filling a/c the Form No. 26S has been made available we have found that the SAT of Rs. 1,23,000/- has been reflected in F.Y 2008-2009, now can anyone suggest as to what should be done?

Can anyone please suggest as to what should be done?

My client B enquired with the Bank where he deposited the SAT, the Bank said that now they can't say anything, they also said that can be no mistake from their side it may be mistake of Income Tax Department.

Now Should we inform the concerned ITO by a letter about the said apparent mistake?

Should we wait for any response from ITO & then reply when we get any correspondence or query from them?

Please give your suggessions as the Tax amount is Big!

Shudhanshu Agrawal (Business) (2570 Points)
Replied 21 July 2010

Originally posted by : CA Navin Jain
	Dear all My client has received TDS Certificate from his Employer but his PAN No. is wrongly on TDS Certificate. can my client avail the benefit of such TDS Certificate.

Simple solution is available. Ask your employer to revise his TDS return and provide you corrected Form 16

Somshekar (Rankholder) (-) (158 Points)
Replied 21 July 2010

agreed with shudhanshu. request the employer to issue revised tds certificate as your client will be in trouble if he file return as penalty of 10000 gets attracted for quoting wrong pan

Kannan Iyappan (Company Secretary) (1496 Points)
Replied 03 September 2010

I am also facing the same problem , we issued form 16 to our vendor wrongly hence he quoted wrong PAN no and want of ratification in latter stage, now.

My question is we can not correct the form 16 hence money were remitted as against the wrongly quoted pan. Is there any issue in filing revised return by us ? Is there any extra amount needed to be remitted for revised return??

Please tell me the procedures to file revised return.

Kannan Iyappan