Intimation u/s 143(1) -should tds be reported in schedule it

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TaxGirl

Analyst

25 Points Joined November 2011

Intimation U/S 143(1) -Should TDS be reported in Schedule IT

I received a Intimation U/S 143(1) which stated that I have to pay X amount of tax when I have paid the entire X amount via TDS. ie,

According to my Form 16, Amount of tax deposited/remitted in respect of the employee = Rs X

(a) Tax deducted from salary of the employee under Section 192(1) = Rs X

(b) Tax paid by employer on behalf of the employee under Section 192(1A)

In the common errors guide under section 11.0 Tax Payment Schedules, I read that "Under no circumstances, taxpayer should report tax payments made by Deductors as given in Form 16 or Form 16A under Schedule IT. This is meant ONLY to enter tax payments DIRECTLY made by taxpayer himself."

I would like to know if I should enter Tax deducted from salary of the employee under Section 192(1) in Schedule IT or not. Is this the mistake I made while e-filing my taxes?

Any advise would be of great help.

Replies (3)

CA.SKR

CA; CS-Final (One Group); DISA (ICAI); I

442 Points Joined August 2009

Yes, the amount of TDS shown in Form-16 is to be shown in Schedule-IT in the ITR. If TDS is not shown in your ITR, than your ITR will show that TDS amount as Tax Payble by you.

U S Sharma

glidor@gmail.com

21063 Points Joined January 2010

TDS has its own space to be reported in ITR

schedule TDS1 for salary and schedule TDS 2 for TDS other than salary, please ensure that you have filled these correctly

TaxGirl

Analyst

25 Points Joined November 2011

Thanks for your quick responses. Now I know I came to the right place.

I had specified TDS from salary under TDS2 section and not in TDS1 section. I believe that was the problem.

For some reason the form for AY 2011-2012 didnot clearly mention which one was for TDS from Salary. I looked at the form for last year and it clearly said TDS1 was for TDS from Salary :)

So now I think I will have to specify the BSR Code, Date of Deposit, Serial Number of Challan, Amount from my Form 16's Annexure B in Schedule IT Section and TDS from salary under TDS1 section.

Am I right this time?

Thanks in advance.