26QB error interchange of PAN by Buyer and Seller

[M RAJA]

hello sir/madam,

one of my client bought a flat worth ₹ 75,00,000/- for the Ay 2014-15. He had paid 1% TDS of ₹ 75000/- in favor of the seller but in form 26QB my client had wrongly entered PAN of seller :as' buyer(Client) PAN' so the client has got ₹ 75000/- as credit in form 26AS.

Notes: The client also filed the return for the AY - 2014-15 on 25.01.2015 (Belated Return)

But We didn't claim the credit of Rs.75000/-

now kindly help me to sort this problem and provide me with the solution for it as early as possible.

thank you

AI Summary

Client Seeks Resolution for Misentered PAN on Form 26QB Affecting TDS Credit in FY 2014-15 Tax Filing A client purchased a flat for 75,00,000 in the Assessment Year 2014-15 and paid 1% TDS of 75,000 intended for the seller. However, the client mistakenly entered their own PAN instead of the seller's in Form 26QB, resulting in the credit appearing in the client's Form 26AS. Although the client filed a belated tax return on January 25, 2015, they did not claim the 75,000 credit. Assistance is sought to resolve this issue promptly.