Wrong credits in 26as

This query is : Resolved

rakesh agarwal (Querist)
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22 January 2014 Dear friends

one of my friends has received Tax credits in form of Self assessment Tax paid, which are not paid by him who is salaried employee normally have only credits in section A. This looks to be some other assessee wrongly paid by wrongly quoting his PAN.

This has happened in last 2 year, and both assessment are Open. What should he do? if he get refunds order on completion of assessment, what will be consequences? can he intimate the same to some authority in IT deptt?

@VaibhavJ

@VaibhavJ (Expert)
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22 January 2014 Hi

Yes, he need to inform the same to IT dept.

Thx

AVTAR SINGH

AVTAR SINGH (Expert)
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22 January 2014 The refund is issued on the basis of claim made in the return after verification of TDS/challans as shown in 26AS. If you have not claimed the tax wrongly shown in Form 26AS, you will not receive the refund, and no action can be initiated against you. Never claim any TDS and Taxes which do not belong to you.

Ganeshbabu K

Ganeshbabu K (Expert)
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22 January 2014 Dont claim self assessment tax paid which actually not paid by him in incometax return
.
.
If ao claimed it can give explanation that time

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