Diff. in TDS Amt. in Certificate & In Online Tax Credit Stat

TDS 1554 views 4 replies

pooja

139 Points Joined January 2009

As iam working in a limited compny, & we have received TDS Certificate for Ass.year 2009-10 from a party that shows the amount actually we received but in NSDL site to view tax credit statement in our PAN NO. for that particualr year the amount is shown by that party is less, so which one is correct whether hard copy of TDS Certificate or only Tax Credit on NSDL site, as their should not be mismatch. so what we can do to call that party for Revised Return to show that much amount or to leave as it is, please reply

Replies (4)

Darshit

CA Final

964 Points Joined December 2008

Dear Pooja,

Why to pay more tax? Ask the party to reconcile and send u the revised statement.

Don't keep a mis match or at year end you won't be able to reconcile any stuff and it would create a fuss so just reconcile.

CA. Ashok shah

CHARTERED ACCOUNTANT

333 Points Joined January 2009

You should inform the said facts to your payer of interest. They should verify their e-TDS return records and if error has been committed, they should file Form 26Q (Correction) statement.

Abhinav Agarwal

M.Com C.A SAP Consultant

814 Points Joined November 2008

Hi...

My personal experiance says that the statement provided to you by the party will be correct. There may be some discrepency in furnishing TDS return.

You need not worry about that. Just check that whether the statement provided by them (your own records) matches with Form 16A. If it matches, rest is the responsibility of the party. Your books are tallying with TDS certificate, your compliance is over. However, if you have good & sound relations with the party, you can intimate them on phone mentioning about the same.

Regards,

Harshvardhan Arora

Article

163 Points Joined January 2009

Dont keep the error pending at your end. My suggestion to you is to bring this to the notice of the company which has issued you the certificate. All probable resons for such a difference would be an error in the filing of TDS returns by the company.

Clarify with them rather than keeping quiet about the whole thing as you are nowhere in fault.