WE CLAIM TDS ON OUR RETURN700000/- BUT KNOW WE RECEIVED COMPUTATION U/S 143(1) UNDER WHCIH THE DEPARTMENT CONSIDERED OUR TDS CLAIM ONLY350000/-. OUT CLAIM IS TALLY WITH NSDL FORM26AS.THEN WHY THE DEPARTMENT NOT GIVING THE FULL CREDIT TO US.
VIKAS KAPOOR (MANAGER ACCOUNTS) (143 Points)
29 April 2011WE CLAIM TDS ON OUR RETURN700000/- BUT KNOW WE RECEIVED COMPUTATION U/S 143(1) UNDER WHCIH THE DEPARTMENT CONSIDERED OUR TDS CLAIM ONLY350000/-. OUT CLAIM IS TALLY WITH NSDL FORM26AS.THEN WHY THE DEPARTMENT NOT GIVING THE FULL CREDIT TO US.
CA. ANKUR JAIN
(CA.....)
(2800 Points)
Replied 29 April 2011
CA. Arpita Singhal
(Partner)
(100 Points)
Replied 29 April 2011
Agree with Ankur but attach both a printout of 26 AS as well as TDS Certificates. That will make your application U/s 154 more evident.
Mohit Bhandari
(Article CA Final Student)
(38 Points)
Replied 29 April 2011
Sandeep Keswani
(Tax Consultant)
(1064 Points)
Replied 30 April 2011
File an application for Rectification u/s. 154. Attach a copy of Form No. 26AS (or all TDS certificates) for the amount claimed - i.e. Rs. 700000/-. Department will pass suitable Rectification Order correcting the above mistake.
If return was filed online, then also file Rectification application online. This can be done by signing in your a/c. on the income tax efiling website www.incometaxindiaefiling.gov.in, under the menu "My Accounts". As soon as u upload the Rectification Application, u will get a copy of the same. You can also check the status of your online Recitification Application on the efiling website.
Sara
(Accountant)
(21 Points)
Replied 13 June 2012
I have claimed TDS 8055 in ITR but in 26AS Showing TDS 10762. I Want to Inform ITO there is need letter of U/s 154.
any one give me letter fromate of this purpose i dont how i write letter.
CAclubindia
