Quoting wrong pan of deductor in tds return
PRIYANKA
(Querist) 08 April 2013
This query is : Resolved
Wrong PAN entered in TDS return by a company of a person to whom the company pays rent. The PAN entered wrongly, belongs to an another person (Mr. X) who in no ways related to the Company. Due to this mistake of the company that third person's (Mr. X)26 AS reflects the rent credited. Along with the rent the amount of TDS on rent is also appearing in the third person's (Mr. X) 26 AS. Now it came to the knowledge of Mr. X that that IT Deptt. can initiate penalty proceedings against him u/s 271(1)(c). Please guide what are the grounds available with Mr. X to prevent himself from such penal proceedings. He already approached that company for filing its revised TDS return. The company, even after written confirmation, have not yet taken this step of filing revised return.
R.Ranganathan
(Expert) 10 April 2013
The concerned person can write to the IT Department about this wrong entry and ask them to proceed against the company for filing a wrong return.
