@CA_Niyati_Mistry I received the 200A defaults notice today for only 40 paisa but late fee is 6600 rs and then Interest. I submitted the TDS on 2nd Dec Paid it correctly but only mistake I did was “Date of Payment/ Credit made to Seller " was automatically put as the last date when previously I did filing in Sept-2023. on every installment to Seller we are doing 1% TDS. now i am trying to download the justification report but it give this message " *** The latest statement filed for the specified search criteria is not processed, please check later”** what can I do in this case as my only mistake was I selected wrong date of payment. actual date was 15 Nov 2023 instead I selected the previous date of 26-Sep-2023 but due to this I have been charged late fee and now demand notice of 7040 rs. please suggest if re filing with correct date is an option?
Thanks,
Swati Sharma
Hi @CA_Niyati_Mistry and others,
I am also facing a similar situation where I have bought a resale flat and paid TDS @1%. However, I got a default notice after few days and by then all the remaining amount was paid to the seller. The seller is denying the fact that it is his fault for not linking Aadhar- pan and blames me for not verifying his linkage before submission. Please help me to answer his allegations about my responsibility to verify the seller’s Aadhar-Pan linkage before TDS submission and not his fault and claims that if it was his fault, he would have received the notice.
Also, could you please help to share any other route through which we can nullify the default intimation on my Pan than paying the remaining 19% of the agreement value.
By adopting any of the suggested means to get the default nullified, will the interest amount being levied also gets nullified?
Hi @CA_Niyati_Mistry and all others,
I am also facing a similar situation where I have bought a resale flat and paid TDS @1%. However, I got a default notice from 200A - 2 days back that you need to pay the remaining among
Seller was not aware weather her Aadhar and Pan card is linked or not while paying TDS and Seller is cooperating in this situation and also linked her Aadhaar and Pan card.
Please help me with some solutions.
Hello @swati_sharma,
You can wait for some time since the TDS return is not yet processed. Once, the return is processed you can do the online correction on TRACES portal and correct the date of Payment/Credit made to Seller.
In case you required further help, you can book a Meet using the link below, where a tax expert will help you resolve the issue.
Hello @juned_jq,
We understand your concern, but the only way to nullify the demand is to pay the remaining 19% demand received by you.
You can check the PAN Adhar link status by using the tool linked below.
Hello @Himanshu_Giri,
You can pay the demand amount of 19%, make less payment to the seller and ask her to claim the TDS credit at the time of return filing.
@CA_Niyati_Mistry Thanks for your response, I have already made the full payment to the seller.
Earlier the pan was not linked they have linked it yesterday only. I already got the 20% TDS amount
How it can be resolved now
Is refiling or Correct would be possible here now ?
Hello @Himanshu_Giri,
You need to pay the demand. That’s the only way to resolve it as the PAN of seller was inoperative the day you deducted the TDS. The seller will be able to claim the 20% TDS deducted by you at the time of ITR filing.
Have you deposited this demand sir.
Yes, Seller agreed to pay additional 19% as both, Buyer and Sellers will be penalized for default. Also, I spoke to TDS department and they confirmed the demand amount must be paid even if; PAN and Aadhaar is linked later.
Please share your contact no as i am also willing to pay the demand but not able to find a way to pay it as CAs are not confident about this.
Please check my previous comments. I have shared the link and screenshots.
Can you please share statement (Hide pvt info) of demand payment that you have done. It will be very kind of you as CAs here are not confident how to pay this demand. (gauravsingh77700@gmail.com)It will be of great help
Hello,
I’ve filed TDS 26Q Q2 Return and also checked all the PANs of Deductee whether Operative or Inoperative. All the PANs where Operative but still received TDS intimation for short deduction with Pan being Inoperative and to deduct Tax @20%. How to solve this default?
you have to pay this amount and Revise the tds return online
Hello @Sakshi7,
You have to check the status of the PAN as on the day when TDS is deducted, if the PAN was inoperative then you have to deduct TDS @ 20%.
Now that you have received the demand, you need to pay the same and file the revised 26Q as correctly mentioned by @Deepak_Srivastava
Hope this helps!
Yes, I downloaded the revised 16B and the demand amount including the interest / fee is now reflecting. Also, the statement is re-processed and the default is now resolved.
I also got the same notice, does anyone have any resolution please
Please let me know which Option did you choose in the above video. And how did you get a confirmation about the demand being removed.
@CA_Niyati_Mistry … Please confirm if this is a valid option?
Also, please let me know if the 20% TDS paid will be refundable to the seller even if he has not filed ITR for last 3 years?
Hello @juned_jq,
The confirmation of demand being removed is the return status “Statement Processed without Defaults” or you can also check the Defaults tab on the TRACES portal.
Yes, the seller will be able to claim the 20% TDS paid as Tax credits.
Hope this helps!