26as statement issue. income tax return query

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Querist : Anonymous

Querist : Anonymous (Querist)

18 July 2012 I was working as a salaried professional till May 2010 and filed my 2011-2012 returns last year in time. There was a entry from PF department in my tax credit statement of above 1Lakh rupees with corresponding tax paid to IT department in 11/2010. Since I had received no such amount, I tried to trace the money with LIC/PF but there was no record found. The concerned department mentioned they will correct the error. Assuming it was an error, I filed the IT return for 2011 without including the said entry either in my income or tax credit details. The entry was later corrected by a reverse entry in 09/2011.

I had forgot about it but now seen that a reentry has been done in 10/2011 of the same amount and showing in my 26AS again for last year, without any reverse entry.

I am not sure how to file this year return. I was owing some amount due from PF in 2010-2011 but not sure about the actual amount. I am below the minimum tax slab for both last year and current. Is there anyway I can declare the entry in this year tax return and seek refund at least of the tax paid ? Or will I need to revise the last ITR and send it again...
Do note that I have not received the actual money from PF body yet and think it may be difficult to trace given that concerned department washed it hands off cleanly last time. I am more of the opinion that its a scam and my money be already sitting into somebody else bank account who has encashed it

Please advise advantages/disadvantages of the approaches and best way forward as per you...
Detailed and urgent response appreciated

CA PARAS BAFNA

CA PARAS BAFNA (Expert)
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18 July 2012 In such a situation I pray that you must receive the amount on which TDS has been deducted.
.
Claim not only the amount of TDS refund without fail, on the basis of 10/11
but also make 9/11 of the deductor.( means authoritatively claim the actual amount receivable by you from the deductor)
.

Querist : Anonymous

Querist : Anonymous (Querist)

19 July 2012 Thanks Paras for the encouragement.

Please advise whether I have to fill a revision of 2011 IT Return form or I can claim the TDS refund in 2012 as the entry for the tax credit has been made in Oct 2011 timeframe.

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