There is a mismatch in the total dividends shown in TIS. The SFT015 data is correct. However in the dividends section where Reported/Processed/Derived value is shown, one entry of TDS/TCS (sec 194) is shown in all the three sections. So the dividend data got duplicated in Processed/Derived section.
Sample table given below.
|
PART |
Information descripttion |
Info source |
Amount descripttion |
Amount |
||
|
Reported |
Processed |
Derived |
||||
|
SFT |
Div Income (SFT015) |
ABC Company |
Total Dividend |
10000 |
10000 |
10000 |
|
TDS/TCS |
Div rcvd(sec 194) |
ABC Company |
Amount paid/Credited |
10000 |
|
|
|
|
|
|
|
|
|
|
|
SFT |
Div Income (SFT015) |
XYZ Company |
Total Dividend |
10000 |
10000 |
10000 |
|
TDS/TCS |
Div rcvd(sec 194) |
XYZ Company |
Amount paid/Credited |
2000 |
|
|
|
TDS/TCS |
Div rcvd (sec 194) |
XYZ Company |
Amount paid/Credited |
8000 |
8000 |
8000 |
Now the total dividend Reported/Processed/Derived is given Rs.28000/-. When the SFt015 data in AIS is added the amount is Rs.20000/- and the actual amount credited in the bank account is also Rs.20000/-.
Filed a grievance in CPC site and they closed it immediately stating it should be done by AIS.
The ticket raised in compliance portal was closed within no time giving no reasons. Called the HELPDESK and spoke to a representative. He could not understand the problem.
The data given in AIS portal is correct. TO my understanding the issue is duplication in Processed/derived value. Iam not sure how a user/Tax payer can rectify this. Not sure whether it is a technical glitch, since it happened only with one company data.
Has anyone faced similar problem? If so, how was it solved?
If anybody know any solution please share. .
If I file ITR with actual data what would happen. If IT dept takes data from AIS without any verification , there will be a demand and I have to try to get it rectified and it would be a long process and in the current scenario I don't have much hope.
Thanks.
CAclubindia
