Mismatch between Tax Credits claimed and allowed.

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If you've received a demand notice from the IT department because of a mismatch between claimed and allowed tax credits, particularly concerning TDS, don't panic. First, carefully check your Form 26AS against your records and the TDS certificates (like Form 16A). If there's a discrepancy, you may need to file a rectification request. If the mismatch persists or involves issues like TDS from a different year, consider filing an appeal with the CIT(A).

Sankar Maity

Sankar Maity (Querist)
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20 July 2022 After filling my IT return(AY 22-23) I got a demand notice from the IT department as the TDS done by bank is Mismatched because of Form 26AS does not contains partial amount of TDS with respect to the Tan mentioned in schedule TDS.
What is to do now?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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20 July 2022 Check 26AS and file rectification under tax credit mismatch.

Sankar Maity

Sankar Maity (Querist)
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20 July 2022 There is no mismatch comparing with 26AS and 16A. But IT deptt. noted the TDS done in the year of 2020. So it is strange and getting no way to solve it.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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20 July 2022 File appeal with CIT appeal.

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