Tds not adjusted
This query is : Resolved
06 August 2013
I got intimation from Income tax dept. u/s 143(3) and in that letter the whole amount of my TDS deducted and claimed by me in ITR as also shown in form 26as is not adjusted towards tax liability. and whole amount of tax payable is recalculated with interest and penalty.i had e filled the return. my tax liability was 48000.00 and tds paid was 49000.00 but in the letter the dept had not given credit for the 49000.00 and instead recalculated the amount with interest. my query is what to do now..??
07 August 2013
1. Check your Form 26AS to verify that the status against each TDS entry is "F". If it is "U" or "O", tax credit will not be given.
2. If the status if "F", check the income tax return to verify that TAN of deductor has been correctly mentioned.
3. Depending on the answer to the above points, file an online rectification application.
2. If the status if "F", check the income tax return to verify that TAN of deductor has been correctly mentioned.
3. Depending on the answer to the above points, file an online rectification application.
09 August 2013
ITS FINAL (F)
09 August 2013
Then check whether you have mentioned correct TAN of deductor in the return. File a rectification application.
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