Difference in tds deducted and 26as details

One of my bank have deducted 1649 amount as tds for last financial year for fds.

 

But while checking 26as form it states bank have deposited 1148 amount only .

So what should i do now?

 

I have the bank interest certificate should i go according to it .Or via 26as form?

 

Replies (9)
You will get deduction in accordance with Form 26as

Okk but banks will also deduct the amount .So should i bring to banks concern?Or TDs deposit  to govt via bank is still pending?

First you approach the bank explaining the possible reasons. They will file correction return then only you will get credit in 26AS. Going to the IT Dept. with certificate is of no use.

If banks does not co-operate you can approach the ombudsman.

Dear,wait for March qtr TDS return,If your TDS doesn't mach with 26 AS.Then Meet the Banker ,They will revise the return.This happens

Originally posted by : O.D.SHARMA

Dear,wait for March qtr TDS return,If your TDS doesn't mach with 26 AS.Then Meet the Banker ,They will revise the return.This happens

Till which date i have to wait.I was thinking to file my return now.Now with this development i plan to wait till 15th may 2012.Then will decide.

Wait for few days. Bank may not have filed E-return so 26AS is not updated accordingly. You have enough time to file your return i.e. 31st July 2012.

 

Thanks

 

Mihir Doshi

Its better to wait for the bank to correct its position.

You may still go ahead taking Form 16A as the proof, though you will get deduction as per 26AS only.

 

wait till bank file tds return.if u file now u will get notice from income tax department.

Bank forwarded the remaining amount on 17th may as per 26as....The deadline was 15th may .Anyways job done.

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