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Wrong TAN used to pay and File TDS Returns

TDS 323 views 1 replies

I purchased property from an NRI the Seller CA applied TAN (A) in my name and applied for LDC unawre of that I also applied for TAN ( B) I shared the TAN i applied with seller but due to miscommunication he still applied LDC on TAN (A) now I paid TDS and filed Returns on TAN (B) and short deduction Notice is issued in the TAN (B) what remedy can be done??

Replies (1)

@ Ahemad Raza Kaludi

What TDS was deducted by you for purchase of the property?

If you deducted only 1% then that is wrong.

Purchasing from an NRI, the TDS is 20% [ still not changed to 12.5% ] plus 4% Cess on that 20%.

So you have to do accordingly. 

Regarding duplicate TAN correction and refund/adjustment, someone more experienced has to answer. Why dont you ask the seller CA to correct this situation?


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