Form 16A VS 26AS

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This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

01 July 2011 Hello friends,

I'm an accountant and help people for Income tax returns. Recently I got some applicants, who are working as an insurance agents, to file their returns and to track their previous refund which they didn't receive it as of now. Now when I compared their Form 16A with 26AS the TDS transactions which are showing in 16A are not coming in 26AS for this assessment year and for the previous assessment years as well. In some cases partial trasactions are showing however in other cases their is no transaction found in 26AS. Can somebody help me with this about how to deal with such cases and what can be done for the previous refunds which they didn't recieve due to mismatch and also how should I file their tax return as even now the TDS deducted is not showing in 26AS so if I file their return they will surely not get their refunds this time as well.
Please help!!

U S Sharma

U S Sharma (Expert)
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01 July 2011 1) find out the errors in chronological order, yearwise,per deductee ( per form 16A)
2) request the deductee to revise their TDS return, after successful revised return submission, 26AS will display the amount after 48 hours.

C A S.S.Agarwal, M.Com.,LL.B,

C A S.S.Agarwal, M.Com.,LL.B, (Expert)
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01 July 2011 Prepare s chart year wise for TDS as per 16A and TDS as per 26AS.

Ask the deductor to provide a copy of challan through which they have deposited the TDS for your client.

File the physical return enclosing form No. 16A and the tax Deducted paid challn. If the amount is not big instant credit will be allowed

Fule the return with TDS actually deducted for which certificate has been given to you.

File Form No. 30 for claiming refund.

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