26as is present still not a tax payer

ITR 771 views 4 replies

Hi All,

  I have my 26AS form downloaded from the incometax department, It comprises details against my PAN number “ABCD..”.i.e 26AS contains the following;

TDS deduction    - Present with details

TCS  transactions – NIL

Details of TAX Paid – NIL

Details of Paid Refund - NIL

 

However , when I requested for TAX been paid against my PAN number , incometax department stated that there is no incometax details  against my PAN number in my ITR.

I am kind of confused, when I have TDS deducted against my PAN number , (which is through my ,small business). How can incometax department cannot have details of  that I have paid tax. Am I not tax payer?  If I am tax payer whom to ask for the official confirmation that I am a tax payer.

 

Request to please clarify 

Thanks

Replies (4)

TDS deducted against your PAN during the course fo business by others are credited to your PAN ( 26AS reflects that) but it does not represent tax paid by you ( taxpayer), as its the obligatory for the payee to deduct and remit the tax, irrespective of your tax payment status,

 

if you dont come under tax ambit then you can claim refund of such tax, / if you have taxable income then remit tax after adjustment of TDS and in this case you would be a taxpayer.

 

Mere deduction of Tax does not makes the assessee taxpayer, 

Alright,

Since i am not in tax ambit that explains why TCS is empty,  Hence income tax under my PAN number is empty.

However i was wondering thou i have a bussiness and operational, and there are my bussiness clients who deduct tax for my service.

  So to state my authenticity of my bussineses, is there a government approved document document i can ask for there by i can also know what is the net bussiness i  have done?  Apart from ITR such as  sub category of tax like sales tax or so.

 Any pointer to obtain consolidated information, reflecting my PAN with  Sales been Done or the revenue been generated?

 

Looking forward for the reply.

for collection of data, the ITO has to enquire with sales tax department or service tax department and ask your data from their records, as there is no direct relation of your PAN with the business taxation departments, except the TDS/TCS which is likely to get set off against your tax liability for the year. 

if you want get called as tax payer, pay some tax in challan for advance tax , ( later you can claim refund of same by filing return) this will upgrade your status as Tax Payer. 

Thanks a lot for response, so i was thinking hypothetically  

(1)

IF there a commercial training institute  ;and; it sales are reflected in TDS against a PAN number  ;and;

   company DOES  come under tax ambit THEN

    Then state/central  service tax department would be having detials of bussiness/company sales tax against the

    registered bussiness NAME. (is these details made public against the company name rather than TIN)

 

(2)

IF there a commercial training institute  ;and; it sales are reflected in TDS against a PAN number ;and;

company DOES  NOT come under tax ambit THEN

   Will there be still detials of sales/service tax details on record in state/central tax department ? OR there cant be any records as such pertaining to a bussiness establish if it DOES NOT come under tax ambit , even thou TDS indirectly says that there is bussiness operation still in progress.

 

  Request to please correct me if wrong.

thanks

 

  


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register