Tax credit mismatch solution

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

03 September 2013
Dear Sir,

i have filed my return on 22/07/13 on the basis of form 16 given by company but as per 26AS it reflect less then form 16.i contact company they say that we have file return properly but IT department won't update the same till date.

I have refund due on the same so please tell me what to do so that no mismatch remains & refund proceed at earliest.

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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03 September 2013 If you have claimed the actual amount of TDS deducted from you as shown in form 16, no need to do anything. Rest assured you will get credit of the TDS. The onus for verification is on Assessing Officer.

See the recent CBDT directives in this regard from below link---

https://www.caclubindia.com/forum/cbdt-directive-on-grant-of-tds-credit-in-mismatched-cases-258273.asp#.UiWDTtKBmAc

Querist : Anonymous

Querist : Anonymous (Querist)

03 September 2013 Thank you sanjay Sir for your quick reply. i wants to know whether i have to give any proof say form 16 by mail to IT department to process refund or i have to wait for some time for refund process.

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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03 September 2013 Wait for the Intimation u/s 143(1) from the department. Hopefully by then your TDS credit will get updated provided correct return has been filed by your employer.

Querist : Anonymous

Querist : Anonymous (Querist)

03 September 2013 thank you.this the only way i will get refund ?

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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03 September 2013 You have no other role to play now. You have filed your correct return now wait for the Intimation from Department.

Querist : Anonymous

Querist : Anonymous (Querist)

03 September 2013 Ok Sir thanks a lot for your help. thank you.

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