sanjay (sales) 10 March 2012

Partnership firm - refund of tds

Hello experts, This query is regard to refund of TDS in case of a partnership firm . The firm is formed in state of Haryana and 2 partners - one from haryana and one from Bihar are there . Some commission / paymnet received by the firm after TDS .. The company deducting TDS has deposited the TDS with Government but in teh TDS returns , they have not filed the PAN No. of the partnership firm . Now , one of the partners has resigned from the firm leaving the firm to be single - in effect, a proprietor ship firm .

Please guide on how to file the Income tax return and file for refund of TDS .

Reply Follow

7 Replies

A V Vishal (Advocate) 10 March 2012

Since the partnership has attained the status of a proprietorship, the proprietor of the firm has to give his PAN number to the deductor who can then file finally leading to credit/refund to the proprietor.

sanjay (sales) 11 March 2012

Dear Mr vishal,

Thanks for the reply . Actually the Deductor has already filed TDS giving the nameof the firm . In the space for PAN no of deductee , they have mentioned : PAN not available .

so pls. suggest ,

A V Vishal (Advocate) 14 March 2012

Yes you can ask the deductor to revise the e-tds and file the same suing your details.

A V Vishal (Advocate) 14 March 2012

That is using not suing---typo error. makes lot of difference

sanjay (sales) 15 March 2012

dear sir, thanks for your reply .

jagadish hiremath (advocate & tax consultant) 15 March 2012

Dear Sanjay

I think there is no chance of leaving PAN of your individual firm TDS certificate. Your deductor can obtain TDS certificate from NSDL site. Hope u will contact your deductor