Tds certficate vs 26as statement
This query is : Resolved
28 July 2011
Hello expert
A person is employed in Punjab National Bank.
TDS cetificate furnished by employe bank indicates a tds deducted of Rs. 20000. But 26 AS statement is not showing it.
what can be the reason.
Is it due to the fact that employer is a Government?
I have once read that for tax deducted by goverment employee 266AS statement use to be blank, because for them TDS deducton is done only by passing accounting entries.
And this system is not fully functional rightnow.
(unlike to the non-govenment employee for whom Bank funishes data over TIN system. afte that employer funish quaterly statement. only when both match, 26AS statement reflect TDS.
A person is employed in Punjab National Bank.
TDS cetificate furnished by employe bank indicates a tds deducted of Rs. 20000. But 26 AS statement is not showing it.
what can be the reason.
Is it due to the fact that employer is a Government?
I have once read that for tax deducted by goverment employee 266AS statement use to be blank, because for them TDS deducton is done only by passing accounting entries.
And this system is not fully functional rightnow.
(unlike to the non-govenment employee for whom Bank funishes data over TIN system. afte that employer funish quaterly statement. only when both match, 26AS statement reflect TDS.
28 July 2011
There is no difference in the system of deduction and filing the return by PNB and other assessees. You have to take up the matter with PNB.
28 July 2011
Take up the matter with Pujab National Bank to correctly file their TDS return.
28 July 2011
TDS Return were not accepted by the NSDL if this is the situation. the correct procedure is to tell the bank to revised the TDS return.
28 July 2011
Hi Agree with experts,
Following may be the reasons for not appearing tds credits in 26AS:
1. PNB has not filed eTDS return
2.PNB has filed return but not mentioned your PAN
3. Return filed by PNB has been rejected by NSDL.
Please check your TDS Certificate also if Token No/Receipt no. of eTDS return has mentioned.
You need to talk to PNB Accounts department to get it rectified.
Following may be the reasons for not appearing tds credits in 26AS:
1. PNB has not filed eTDS return
2.PNB has filed return but not mentioned your PAN
3. Return filed by PNB has been rejected by NSDL.
Please check your TDS Certificate also if Token No/Receipt no. of eTDS return has mentioned.
You need to talk to PNB Accounts department to get it rectified.
Message likes :
1 times
28 July 2011
Yes I agree with expert Mahendra's view
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
- TDS 194-T applicability
- Fixe term employment
- Is any professional CA is here please reply
- GST ITC REVERSE
- RCM ISSUE ON RENT AND TRANSPORTATION CHARGES
- Regarding Applicability of Tax Audit u/s 44AB
- Section 50-fixed asset-->building ceases to exist
- TDS on TRUST
- Withdrawal in cash from partners capital account by partner
- TDS on Complimentary "Desi Ghee and Gold Coin" Provided to KBC Contestants
- Tds on commission charges
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- 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?
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- 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
