Tds deducted by previous company not considered by it dept.


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Querist : Anonymous

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Querist : Anonymous (Querist)
22 March 2015 Hi,

Greetings !

In the mid of 2012-13, I changed company. I have filed the returns for the same.

Recently I got notice from IT dept. saying that I need to pay the Net Tax (which includes Total Income Tax Liability plus the Interest Payable).

By the amount mentioned in the notice, I think that IT dept. is not considering the TDS deducted by my previous employer.

Please guide me how to verify and what should be my reply to the IT dept.

Thanks in advance.

BR,

22 March 2015 You can login in with your PAN into Income tax efiling website and check your form 26AS tax credit and verify with your TDS in the return. alternatively through your internet banking login also you can view your form 26AS

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Querist : Anonymous

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Querist : Anonymous (Querist)
23 March 2015 Hi Ramesh,

Thanks for your kind guidance.

I checked Form 26AS for AY 2012-13, there are 2 serial no. with deductor details and TDS deposited (which is correct) and I also checked the ITRV for AY 2012-13.

Sum of TDS deposited by both deductors in Form 26AS and Total Taxes Paid in ITRV are equal.

Your guidance is highly appreciated.

BR,

23 March 2015 Please check the status of challan in the Form 26AS.sometime challan mismatch CPC will not give TDS credit and raise the demand notice.

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Querist : Anonymous

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Querist : Anonymous (Querist)
23 March 2015 Thanks again.

I tried to find "Status of challan" column in Form 26AS, but couldn't find the same.

I believe "Status of challan" and "Status of booking" are same.

All transactions are having "Status of booking" as F for the first deductor, except 2 transactions which are having status of booking as M.

All transactions are having "Status of booking" as F for the second deductor.

BR,

23 March 2015 Can you please forward your demand notice and form 26AS to my mail id: cma.rameshkrishnan@gmail.com


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