TDS Return

[Sunil Agarwal]

TDS return was submitted quoting wrong PAN of the party. The party could not get credit from Income Tax though TDS certificate was issued mentioning correct PAN. can we file revised TDS return or any other remedy so that the party does not suffer because of our mistake

[ravi sankar]

1.yes you can file a revised return correcting the mistake so that the party can claim the credit.

AI Summary

Correction of TDS return enables payee to obtain tax credit by filing a revised return correcting PAN. If a TDS return quoted an incorrect PAN despite the TDS certificate showing the correct PAN, a revised TDS return should be filed to correct the PAN so the payee can claim the tax credit.