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
- GSTR-1A How to update Invoice
- Excess salary payment.
- Capital gain from sale of house property
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- TDS on Purchase of Immovable Property by NRI from NRI
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Stamp Paper for partnership firm change new income tax 2025
- SFT Cash Deposit in Current Account
- Value of property in capital gain
- FORM 26A APPLICABILITY
- TDS APPLICABILITY......
- Copyright software
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
