Tds
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
28 September 2016
Dear friends
My 26 AS shows credit of 20000. Actually Rs.10000 is correct. It shows extra RS.10000. I verified my accounts and come to a conclusion that someone's amount credited in my account. I have three questions 1. Shall claim Rs.20000 or Rs.10000. 2) If the AO asks about the income what should I do. 3) If i dont take that credit of that extra amount my account and 26AS will not tally.
My 26 AS shows credit of 20000. Actually Rs.10000 is correct. It shows extra RS.10000. I verified my accounts and come to a conclusion that someone's amount credited in my account. I have three questions 1. Shall claim Rs.20000 or Rs.10000. 2) If the AO asks about the income what should I do. 3) If i dont take that credit of that extra amount my account and 26AS will not tally.
Amol S Joglekar
(Expert)
28 September 2016
There are cases where the assessee is unaware of his/her income and some one has done TDS....Please checck the same in your case also, before jumpig on to any conclusion.
Once you are sure about your contention, inform the wrong credit in your to the concerned TDS officer. This will prove to be a good governance as an Indian Citizen.
And then claim only the legitimate and due amount of your very own share of TDS....in your return of income
Once you are sure about your contention, inform the wrong credit in your to the concerned TDS officer. This will prove to be a good governance as an Indian Citizen.
And then claim only the legitimate and due amount of your very own share of TDS....in your return of income
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Late Filing Fee Waiver for Q1 Form 144 (Earlier 27Q) – Transition to Income-tax Act, 2025
- Employee secondment
- IMS (import of goods) ITC related
- Positive Balance in RCM Liability/ITC Statement – Commercial Rent RCM – Guidance Required
- GST ITC as per notification 12/2023- central tax
- LLP audit and disclosure
- Capital Gains Tax on Inherited Mutual Fund
- Form 144 TDS Return Validation Error – Mandatory Fields
- Gift to nri relatives resides in usa
- GSTR9 Annual Return
- Ito add credit side of bank
- Subject: Legal Remedy for Removal of Income Tax Demand for AY 2024–25 – Charitable Trust
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
