Anomaly in form 26as of tin and form 16 of employer

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

17 July 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
that I can approach my employer

Querist : Anonymous

Querist : Anonymous (Querist)

09 August 2012
The issue is not cleared.Please help

Aashok Kumar Sharma

Aashok Kumar Sharma (Expert)
Follow

14 July 2024 It seems like you're facing discrepancies between the amounts reported in your Form 16 (issued by your employer) and the amounts reflected in your Form 26AS (available on the TRACES website), particularly in columns related to salary payments and tax deducted at source (TDS). Let's clarify the key points and address your concerns:

### Understanding Form 16 and Form 26AS:

1. **Form 16:**
- **Issued by Employer:** Form 16 is a certificate issued by your employer detailing the salary paid to you during the financial year and the TDS deducted on that salary.
- **Part A and Part B:** Part A of Form 16 provides details about the employer and employee, while Part B provides a breakup of salary, deductions allowed under the Income Tax Act, and tax computed and deducted.

2. **Form 26AS:**
- **Tax Credit Statement:** Form 26AS is a consolidated tax credit statement that shows the tax credited against your PAN as per the records of the Income Tax Department.
- **Details in Part A:** Part A of Form 26AS provides details of TDS deducted on various incomes like salary, interest, etc., and deposited with the government.

### Addressing the Discrepancy:

- **Column 506 in Form 26AS (Amount Paid/Credited):**
- This column typically shows the total amount paid or credited to you by your employer during the financial year, not just salary but potentially other payments like arrears, bonuses, etc.
- It's possible that the amount in Column 506 includes additional payments beyond your regular salary as per your Form 16.

- **Discrepancy Calculation Example:**
- According to your Form 16, your employer has mentioned a total salary of Rs 4,75,250 for the year.
- However, your Form 26AS shows a higher amount of Rs 5,44,554 in Column 506.
- The difference (Rs 5,44,554 - Rs 4,75,250 = Rs 69,304) could potentially be due to additional payments credited to you during the year, which are reflected in Form 26AS but may not have been specifically detailed in your Form 16.

### Steps to Resolve:

1. **Verify Additional Payments:**
- Review your bank statements or other records to identify any additional payments from your employer (such as bonuses, arrears, etc.) that might have been included in Column 506 of Form 26AS.

2. **Approach Your Employer:**
- Based on your findings, approach your employer with a request for clarification.
- Provide them with details of your Form 16 and Form 26AS, highlighting the specific discrepancy in the amounts.
- Request them to explain the additional payments reflected in Form 26AS and how they were categorized.

3. **Rectification and Correction:**
- If it turns out that there was an error or if additional payments were incorrectly categorized, request your employer to rectify the Form 16 if necessary.
- They may need to issue a revised Form 16 reflecting the correct salary and TDS details.

### Final Considerations:

- Ensure to maintain a record of all communications with your employer regarding this matter.
- If needed, seek assistance from a tax advisor or consultant who can help you navigate through the discrepancies and ensure proper resolution.

By following these steps, you should be able to clarify the discrepancies between your Form 16 and Form 26AS effectively. This approach will also help in ensuring accurate tax filing and compliance.

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