TDS information in TIN-NSDL 26AS

RAKESH JAIN (RETIRED COMPUTER PROFESSIONAL)   (369 Points)

23 July 2009  

TDS is deducted by banks on interest earned by FDs & TDS certificates are issued by banks. Now, TDS information is reflected in TIN-NSDL database too but it does not match with TDS certificates. Which entries (TIN-NSDL Datatabase or TDS certificates) will be treated final by Income Tax department as normally people file TDS information as per TDS certificates issued to them & may not be even aware of information in TIN-NSDL 26AS. Moreover, banks send the information about TDS to TIN-NSDL very late & one can not wait till last day to file IT return. Kindly suggest.