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Cpc order for credit mismatch

Sumit Sood (Engineer) (30 Points)

31 July 2013

Hi,

I have received a CPC order U/S 143(1) regarding mismatch in Tax credit for AY 2012-13.

My bank has deducted TDS from one of my FD but it is not reflecting in my Form 26AS and hence there is mismatch as I have mentioned that TDS in ITR. They have asked me to deposit that amount of TAX.

Please guide what action I need to take in this regard.

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3 Replies

Nayagam (Chartered Accountant) (134 Points)
Replied 31 July 2013

You can approach the bank to correct the TDS return, then only you will credit in your

PAN.

Dipjyoti Majumdar (CA in service & CS. dipmaj@ rediffmail.com ) (3468 Points)
Replied 31 July 2013

Take up the matter with bank instantly.In the absence of Form 16A how did you know bank has deducted tax ? Nowadays 16A has to be through TRACES -- so there cannot be any mismatch between 16A and 26AS. Unless the bank has revised its TDs return after giving 16A.

Thanks,