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Difference between form 26AS and 16A

09 December 2022

As soon as e-tds quarterly return is filed, details of TDS credit would reflect in 26AS of deducted, what is the need to issue form 16A by deductor?

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5 Replies

sabyasachi mukherjee (26053 Points)
Replied 09 December 2022

Form 16A IS A PROOF OF TO THE DEDUCTEE.

1 Like

Giridhar S Karandikar (Team Lead) (7543 Points)
Replied 09 December 2022

Form 16A is the tax deduction certificate which is required to be mandatorily provided by deductor to deductee. Also deductee can provide the same to the officers if they raise any query regarding tds claimed in return.
26AS shows a summary of all the incomes and tax deducted against those incomes, which is a source to chk if all taxes are deducted properly.

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Eswar Reddy S (CFO- at NHTF) (58213 Points)
Replied 09 December 2022

Tds in 26AS can be reversed if correction statement is filed with zero tds.

Form 16A should be digitally signed by the authorised signatory to avoid frauds

Manoj BG (Tax Professional and in Service) (1795 Points)
Replied 10 December 2022

Form 26AS is being reflected based on the entries in TDS return and may be correct or incorrect. However, Form 16A is like an authentication using deuctors DSC which implied that deductor has checked the details appearing under certificate and he has given assent to what is mentioned in TDS Certificate even though those details are auto generated based on TDS returns filed by deductor. Hence, same is being considered as final document for allowing TDS credit. However nowadays, tax office almost discontinued asking Form 16A in support of tax credits and mostly rely on Form 26AS.

Regards,

Manoj