26 as query
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
28 July 2013
Dear sir,
I have to file my return of income , but Isee a difference in the tax deducted as per AS26 and my form 16.I mean the tax deducted as per form 16 is more.What could be the reason , what do I need to do regarding this? Would it affect my IT return?Please reply soon ,very few days left.
Thank you so much.
I have to file my return of income , but Isee a difference in the tax deducted as per AS26 and my form 16.I mean the tax deducted as per form 16 is more.What could be the reason , what do I need to do regarding this? Would it affect my IT return?Please reply soon ,very few days left.
Thank you so much.
28 July 2013
The reason of difference could be error in filing of TDS return.
Please insist on form 16 diwnloaded from TRACES website. In case of difference between Tax Credit in 26AS and TDS as per form 16 inform employer and request to file correction return if there is an error in filing the return.
In the mean time you can go ahead and claim the actual TDS amount deducted from you in your IT return.
Please insist on form 16 diwnloaded from TRACES website. In case of difference between Tax Credit in 26AS and TDS as per form 16 inform employer and request to file correction return if there is an error in filing the return.
In the mean time you can go ahead and claim the actual TDS amount deducted from you in your IT return.
28 July 2013
Further you need not worry the onus of verification lies with the department. Recent amendment in this regard may be seen from the link given below--
https://www.caclubindia.com/forum/cbdt-directive-on-grant-of-tds-credit-in-mismatched-cases-258273.asp
https://www.caclubindia.com/forum/cbdt-directive-on-grant-of-tds-credit-in-mismatched-cases-258273.asp
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Reopen of assessment proceeding
- TDS on Consultancy- Non DTAA
- Depreciation of fixed assets- coop housing society in mumbai
- Query – TDS on purchase of land from NRI under Income-tax Act, 2025
- Condonation . E-Verification of last year return .
- Management System (IMS)
- TDS Return Q1 FY 2026-27
- EPF FULL & FINAL RULES IN 2026
- Eway bill generation from place other than registeted
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
