Anomaly in form 26as and form 16

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Querist : Anonymous

Querist : Anonymous (Querist)

09 August 2012 The problem was replied once but it could not clear me.If you give mail Id I will give scanned copy of 2 forms
As per Form 16 of WBPDCL(EMPLOYER)

Amount paid- Rs 475250 (As stated Amount

Paid/Credited for the whole year)
Tax Deducted-Rs 10161 (I am a Sr Citizen)
As per Part A-Details of Tax Deducted at Source
Under Section 192(salary Head),Column 506
Amount credited by SAME Employer is
31/12/2011-Rs 466760.00
01/02/2012-Rs38897
29/02/2012-Rs 38897
TOTAL Rs 544554

As per IT Dept FORM 26AS seems that an amount of Rs 544554-Rs 475250 =Rs 69304 more has been paid . But .There is NO CONFUSION regarding the amount of Rs 475250, as detailed below. (Pension paid
statement,AS SBI PASS BOOK)
2011(April to December)
April-37415,May-45905,June-39113,July-39113
August-Rs 39113 September-39913 October-39113,November-39113 December-Rs 39113
2012 January-39113,February-39113,March-39113

TOTAL-Rs 475250,Total Saving under Section 80C,80D and 80 CCF Rs

1,26599,Tax=Rs 10,161.I am a Senior Citizen
In FORM 26AS of TIN PART A -Details of Tax Deducted at Source

against Section 192(Salary Head)there are columns 505-Date of

Payment/Credit,Column 506-Amount Paid/Credited,Column 507-Tax

Deducted,Column 508-TDS Deposited.

Actually Column 507 Tax Deducted and Column 508-TDS Deposited is very

clear and relates to one particular employee .But what is Column

506-Amount Paid/Credited,IS IT A PARTICULAR EMPLOYEE'S SALARY

as figure in column 506 is not matching with my salary AS GIVEN IN

FORM 16 by my employer.Please help me,so

Amol S Joglekar

Amol S Joglekar (Expert)
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09 August 2012 Thanks for a short and sweet query. Now let me know what is your worry? I think , at least you know what income you have received/gained. For the time being forget what certificate you have. Please go ahead with your income and pay the tax / claim the refund as the case may be.

Querist : Anonymous

Querist : Anonymous (Querist)

10 August 2012 The question is very simple.Actually I have got Rs 475250 as Pension for 2011-12(as per Form 16 of Employer.TDS deducted by Employer).But Form 26AS shows as if I have got Rs 544554(Rs 69304 more WHICH IS NOT TRUE)Question is whether IT Dept can claim more tax based on this extra value and what is the remedy.Form 26AS is only for TAX DEDUCTED or it also shows the employee salary.Then why is this discrepancy,Actually who supplies this data of employee salary in Form 506 of 26AS.The figures are misleading

CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)
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10 August 2012 Please understand that the salary in TDS return is given on an estimated basis every quarter. It is NOT the actual salary.

So there will be a difference between the actual salary and the salary in the TDS return, which is ultimately reflected in Form 26A.

It is for this reason, that the department DOES NOT consider salary as per the TDS return/Form 26AS.

The department relies on the Form 16 issued by the employer.

SO you need not woory, just file the return showing the income as per Form 16.

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