Could not modify tax paid details reflected in 26as ? is it possible to modify missing entries

Efiling 325 views 9 replies

Hi, On online submission of tax returns, i am having a problem.

There is no tax deducted under form 16, and tax was deducted at source bank for the FD account.

The tax deducted were shown in form no 26as, as well as prefilled columns in the efiling portal on log in.

The tax deducted was not auto populated in the tax paid details and a prompt was asking me to pay online tax, without this amount being deducted as tax paid.

i could not edit, as those columns were greyed too, to edit.

Querying with help desk,,they are bowling googlies, to contact other numbers for this .

i could not manually fill, as i was informaed that manual filling is applicable only after 80 age.

please give me the solution, experts quickly
 

Replies (9)

If already filed original return; revise it u/s. 139(5) of the act, with required corrections...

Hi, i have  not filed original before for this assessment year and this is my first submission.

The problem is , the bank has deducted the tax due on every date for the receipt of FD, fd interest.

The tax has been shown in the onlilne form, while giving auto populated amounts. It reflects both the receipt and the tax amount correctly.

There is a colulm left with a tab, TDS claimed this year and it could be modified with your .

If i entered the same tax deducted by the bank, then it shows nil tax. But i do not think, that i have to enter anything in that column.When i checked with the income tax calculator in the income tax website, also the same amount of tax is shown as to be paid with cess.

There is no reflectionof this tds , tax deducted at source, ie, bank, is not at all reflected in the form.

why Is there any missing on my part.

i have included the total interest in other icome,in other income , and also the savings interest .

i have deducted the savings bank interest under 80 tttb, as i could avail this deduction.. Where to show this deduction which is not at all reflected

hI, SIR,

The repy to one of the threads in TDS by you appears to be the same case with my thread, in that part of TDS not reflecting in the itr 1.

Can i show the reduced amount of interest income, by deducting the tax from he total receipts of interest and show the amount in other income and claim the TDS deducted in the TDS claim, as suggested by you in that thread.

Or i should not, and that is not related to my query

the link:

https://www.caclubindia.com/forum/discrepancy-in-form-26as-and-total-tds-claimed-520605.asp

Well, I am not clearly understood your query........

1. First the TDS amount is not to be deducted from total interest income.

2. Secondly the interest income is to be offered to tax under Schedule OS

3. Thirdly you will be able to claim the same interest (upto max. 50000/-) under 80TTB  (deduction under Chapter VIA)

4. Finally your net tax liability could be zero, if total income below Rs. 3 lakhs.

Hi, sorry for late reply. I tried help desk numbers and found it is wasting time. One department gives another department numbers , and lastly , i was asked to contact the original number i tried.

Went to the income tax office near me, and one part of the solution is your advice on the other thread. Just claim the income tax paid shown in the column .

You are also correct, that the taxes should be shown in tds claim editable column in the tds2 tab

You are also correct that i should not deduct the tax to show the remaining in the income from other sources. column

My next query is why , tds cliam is not auto filled in the income tax .

When i file for the same , being senior citizen eligible for interest exemption, and submit, it stays on the same TDS claim to fill up for further proceedings.

i have to enter 0 manulally, as no tds deducted on my fd, then everything  is alllowed .

The tds collected column in the preview showos as tds collected in the first case giving me refund of excess amoount in the refund tab.

It shows nil for me. So the entry in the tds claim is reflected in the tax p;aid total tabs.

What is the actual meaning of TDS claim. does it not confuse, the tax payer, Please your view

 

Hi, could not i expect a reply for my query. sir,

Originally posted by : jraju
Hi, i have  not filed original before for this assessment year and this is my first submission.

The problem is , the bank has deducted the tax due on every date for the receipt of FD, fd interest.

The tax has been shown in the onlilne form, while giving auto populated amounts. It reflects both the receipt and the tax amount correctly.

There is a colulm left with a tab, TDS claimed this year and it could be modified with your .

If i entered the same tax deducted by the bank, then it shows nil tax. But i do not think, that i have to enter anything in that column.When i checked with the income tax calculator in the income tax website, also the same amount of tax is shown as to be paid with cess.

There is no reflectionof this tds , tax deducted at source, ie, bank, is not at all reflected in the form.

why Is there any missing on my part.

i have included the total interest in other icome,in other income , and also the savings interest .

i have deducted the savings bank interest under 80 tttb, as i could avail this deduction.. Where to show this deduction which is not at all reflected

 

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Hi, i am fine with income tax portal

what i asked is a query why the tax paid details are not auto populated like tax persons details and other details.

You have to claim by entering manually to get this filled.

I am attaching the screenshot, so that you could see the blank column, even though tax is piaid


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