This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
Wrong PAN in TDS Return- Assessee cannot be penalised if system do not allow PAN correction in TDS Return
Case Law Details
- Case Name
- Oil & Natural Gas Corporation Ltd. Vs DCIT CPC-TDS (ITAT Ahmedabad)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2014-15
- Courts
- All ITAT, ITAT Ahmedabad
Upgrade to Basic or Premium to download.
Already Upgraded? Log in.
Brief of the case:
In the case of Oil & Natural Gas Corporation Ltd. Vs. DCIT CPC-TDS, assessee was required to deduct tax and has deducted TDS @ 2% of sum paid/credited to GETCO Ltd. but due to filing of wrong PAN of deductee it has been deemed as assessee in default and accordingly 18% of remaining TDS (20% (-) 2%) has been demanded from the assessee. ITAT admitted contention of the assessee as per proviso to sub-section (1) of section 201 (A) and it was held that an opportunity as per proviso should be provided to the assessee.
Facts of the case:
Assessee is a PSU and has been calculat...
The PAN No. and Aadhaar card name differs minutely by ‘Kumar’ in my name. Secondly, address has been changed & entered in my various returns of around 10 years. How both are admissible by I.T. Authorities without cancelling any of the two. Is it possible online.
courses of action for correcting the PAN Errors of more than 2 alphabets and 2 numeric characters:
To file the correction statement by making the entry with the wrong PAN at an amount equal to zero as the deductee entry cannot be deleted and then add a same deducteein new row for the amount paid and TDS deducted with the correct PAN.
Because of restrictions placed by Traces, many genuine deductees/deductors are suffering.Whether every one has to approach ITAT for relief.
Can Traces relax this provision as a one time measure for ETDS returns upto 2013-14 ?